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NEW MEXICO STATUTES AND CODES

Section 72-4-9 - Water revenue bonds shall be legal investments.

72-4-9. [Water revenue bonds shall be legal investments.]

Water revenue bonds issued under the provisions of this 1959 act [72-4-2 to 72-4-12 NMSA 1978] shall be legal investments for savings banks and insurance companies organized under the laws of this state.   

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