Statutes > New Mexico Statutes > Chapter 73 - Special Districts. > Article 16 - Conservancy Districts; Financial Administration, 73-16-1 through 73-16-53. > Section 73-16-9 - Bonds, investment of state funds.

Section 73-16-9 - Bonds, investment of state funds.

73-16-9. Bonds, investment of state funds.

All bonds issued by any district pursuant to this act shall be considered as such interest-bearing securities as the permanent funds of the state of New Mexico may be invested in as provided by law.