Statutes > New Mexico Statutes > Chapter 74 - Environmental Improvement. > Article 10 - Solid Waste Authority, 74-10-1 through 74-10-100. > Section 74-10-95 - Securities and income therefrom exempt.

Section 74-10-95 - Securities and income therefrom exempt.

74-10-95. Securities and income therefrom exempt.

Securities issued under the Solid Waste Authority Act [74-10-1 to 74-10-100 NMSA 1978] and the income therefrom shall forever be and remain free and exempt from taxation by the state, the authority and any other public body, except transfer, inheritance and estate taxes.