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NEW MEXICO STATUTES AND CODES
Section 6-25-25 - Economic development revolving fund bonds; legal investments.
6-25-25. Economic development revolving fund bonds; legal investments.
The economic development revolving fund bonds or notes issued under the Statewide Economic Development Finance Act shall be legal investments in which all insurance companies, banks and savings and loan associations organized under the laws of the state, public officers and public bodies and all administrators, guardians, executors, trustees and other fiduciaries, including the state investment council, may properly and legally invest funds.
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