Statutes > New Mexico Statutes > Chapter 6 - Public Finances. > Article 21 - Finance Authority, 6-21-1 through 6-21-31. > Section 6-21-19 - Bonds; legal investments for public officers and fiduciaries.

Section 6-21-19 - Bonds; legal investments for public officers and fiduciaries.

6-21-19. Bonds; legal investments for public officers and fiduciaries.

The bonds issued under the authority of the New Mexico Finance Authority Act [6-21-1 NMSA 1978] shall be legal investments in which all insurance companies, banks and savings and loan associations organized under the laws of the state, public officers and public bodies and all administrators, guardians, executors, trustees and other fiduciaries may properly and legally invest funds.