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NEW MEXICO STATUTES AND CODES
Section 7-1-6.23 - Distribution to severance tax bonding fund.
7-1-6.23. Distribution to severance tax bonding fund.
A distribution pursuant to Section 7-1-6.20 NMSA 1978 shall be made to the severance tax bonding fund of the net receipts attributable to the taxes and advance payment imposed pursuant to the Severance Tax Act [7-26-1 NMSA 1978] and the Oil and Gas Severance Tax Act [7-29-1 NMSA 1978].
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