Securities issued under the Flood Control District Act and the income therefrom are exempt from taxation by the district and any public body, except transfer, inheritance and estate taxes. History: Laws 1981, ch. 377, § 68.
New Mexico Legal Code
Securities issued under the Flood Control District Act and the income therefrom are exempt from taxation by the district and any public body, except transfer, inheritance and estate taxes. History: Laws 1981, ch. 377, § 68.