Statutes > New Mexico Statutes > Chapter 21 - State and Private Education Institutions. > Article 11 - New Mexico Institute of Mining and Technology, 21-11-1 through 21-11-28. > Section 21-11-26 - Bonds exempt from taxation.

Section 21-11-26 - Bonds exempt from taxation.

21-11-26. [Bonds exempt from taxation.]

Bonds issued under the provisions of this act [21-11-15, 21-11-16, 21-11-18 to 21-11-27 NMSA 1978] shall forever be and remain free and exempt from taxation by this state or any subdivision thereof.