Statutes > New Mexico Statutes > Chapter 4 - Counties. > Article 59 - County Industrial Revenue Bonds, 4-59-1 through 4-59-16. > Section 4-59-11 - Bonds made legal investments.

Section 4-59-11 - Bonds made legal investments.

4-59-11. Bonds made legal investments.

Bonds issued under the provisions of the County Industrial Revenue Bond Act [Chapter 4, Article 59 NMSA 1978] shall be legal investments for savings banks and insurance companies organized under the laws of this state.