Statutes > New Mexico Statutes > Chapter 73 - Special Districts. > Article 25 - Regional Transit District, 73-25-1 through 73-25-19. > Section 73-25-11 - Exemption from taxation.

Section 73-25-11 - Exemption from taxation.

73-25-11. Exemption from taxation.

The income or other revenues of a district, all properties at any time owned by a district, all bonds issued by a district and the income from the bonds issued by a district are exempt from taxation in the state.