GroundRules
16-2-27: Tax exemptions.
Where this section sits in the code
- Chapter 16 - Parks, Recreation and Fairs
- ARTICLE 2 State Parks Division
The principal and income of bonds issued under the State Park and Recreation Bond Act [16-2-20 to 16-2-29 NMSA 1978] are exempt from all taxation by the state or any of its political subdivisions, except for inheritance and succession taxes.
Collected 2026-09-03T15:02:19Z. Source file · JSON