Statutes > New Mexico Statutes > Chapter 3 - Municipalities. > Article 32 - Industrial Revenue Bonds, 3-32-1 through 3-32-16. > Section 3-32-13 - Bonds made legal investments.

Section 3-32-13 - Bonds made legal investments.

3-32-13. Bonds made legal investments.

Bonds issued under the provisions of Sections 3-32-1 through 3-32-16 NMSA 1978, shall be legal investments for savings banks and insurance companies organized under the laws of this state.