Severance tax permanent fund; investment in obligations

NMSA 1978, § 7-27-5.22 — under Article 27.

NMSA 1978, § 7-27-5.22

issued under Section 33-1-19 NMSA 1978 for corrections facilities. Subject to the approval of the state investment council, the severance tax permanent fund may be invested in bonds, certificates of participation or other obligations issued pursuant to Section 33-1-19 NMSA 1978 for corrections related facilities. History: 1978 Comp., § 7-27-5.22, enacted by Laws 1995, ch. 215, § 2.