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NEW MEXICO STATUTES AND CODES

Section 4-49-18 - Taxes to be paid in cash; use for specified purpose.

4-49-18. [Taxes to be paid in cash; use for specified purpose.]

All taxes for interest on and for the redemption of such bonds shall be paid only in cash, and shall be kept by the county treasurer as a special fund, to be used for the payment of interest on and for the redemption of such bonds only.   

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