The money in the severance tax income bond retirement fund is pledged for the principal and interest on all severance tax income bonds issued after the effective date of the Severance Tax Income Bonding Act. History: Laws 1981 (1st S.S.), ch. 9, § 5.
Severance tax income bond retirement fund pledged
NMSA 1978, § 7-27-32 — under Article 27.
NMSA 1978, § 7-27-32