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NEW MEXICO STATUTES AND CODES
Section 7-20C-13 - Revenue bonds; exemption from taxation.
7-20C-13. Revenue bonds; exemption from taxation.
The local hospital revenue bonds issued under authority of the Local Hospital Gross Receipts Tax Act [7-20C-1 NMSA 1978] and the income from the bonds shall be exempt from all taxation by the state or any political subdivision of the state.
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