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New Mexico Statutes Chapter 7. Taxation § 7-27-5.21. New Mexico lottery revenue bonds

Current as of January 01, 2024 | Updated by Findlaw Staff

The severance tax permanent fund may be invested in revenue bonds issued by the New Mexico lottery authority pursuant to the provisions of the New Mexico Lottery Act.  1 The amount invested shall not exceed three million dollars ($3,000,000).

1 NMSA 1978, § 6-24-1 et seq.
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Cite this article: FindLaw.com - New Mexico Statutes Chapter 7. Taxation § 7-27-5.21. New Mexico lottery revenue bonds - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-7-taxation/nm-st-sect-7-27-5-21/

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