Section 72-19-96 - Purpose of tax exemptions.
72-19-96. Purpose of tax exemptions.
The effectuation of the powers authorized in the Southern Sandoval County Arroyo Flood Control Act [72-19-1 to 72-19-103 NMSA 1978] shall and will be in all respects for the benefit of the people of the state, including but not necessarily limited to those residing in the authority exercising any power under that act, for the improvement of their health and living conditions and for the increase of their commerce and prosperity.