New Mexico Statutes 6-17-10. [Tax exemption of income-producing project bonds.]
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Bonds and all other evidences of indebtedness issued under the provisions of this act [6-17-1 to 6-17-13 N.M. Stat. Ann., except 6-17-1.1 N.M. Stat. Ann.], shall forever be and remain free and exempt from taxation of this state and any subdivision thereof.