New Mexico Statutes Chapter 7. Taxation § 7-27-9. Bonds to be known as severance tax bonds and supplemental severance tax bonds

A. Prior to July 1, 1999, all bonds issued wherein the money in the severance tax bonding fund is pledged for their retirement shall be known as “New Mexico severance tax bonds”.

B. After July 1, 1999, there shall be two categories of bonds issued by the state board of finance wherein the money in the severance tax bonding fund is pledged for their retirement. Those bonds shall be known as “New Mexico severance tax bonds” and as “New Mexico supplemental severance tax bonds”.