Bonds are legal investments for savings banks and insurance companies under the laws of this state. They are bonds, notes or other obligations of a county or municipality of this state, issued pursuant to a law of this state, for the purposes of investment or purchase by the state investment officer. History: 1978 Comp., § 7-24A-20, enacted by Laws 1978, ch. 182, § 20.
Legal investments
NMSA 1978, § 7-24A-20 — under Article 24A.
NMSA 1978, § 7-24A-20