Bonds and their income and all mortgages or other instruments executed as security for them are exempt from all taxation by this state or any of its political subdivisions. History: 1953 Comp., § 14-40-13, enacted by Laws 1965, ch. 300.
Tax exemptions
NMSA 1978, § 3-39-15 — under Article 39.
NMSA 1978, § 3-39-15