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NEW MEXICO STATUTES AND CODES

Section 3-50-18 - Bonds; exemption from taxation.

3-50-18. Bonds; exemption from taxation.

Bonds and other evidences of indebtedness issued under the provisions of the Municipal Parking Law [3-50-1 to 3-50-22 NMSA 1978] shall forever be and remain free and exempt from taxation by this state or any subdivision thereof.   

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