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 municipal subdivision of this state, issued pursuant to a law of this state, for the purposes of investment or purchase by the state investment officer.
History: 1953 Comp., ยง 14-40-12, enacted by Laws 1965, ch. 300.
Structure 2021 New Mexico Statutes
Article 39 - Municipal Airports
Section 3-39-1 - Municipal Airport Law.
Section 3-39-2 - Purpose of law.
Section 3-39-4 - Municipal airports.
Section 3-39-5 - Planning and zoning laws.
Section 3-39-6 - Irrepealable bond ordinance.
Section 3-39-7 - Refunding bonds.
Section 3-39-8 - Impairment of payment.
Section 3-39-9 - Terms of bonds.
Section 3-39-10 - Sale, exchange and details of bonds.
Section 3-39-11 - Construction.
Section 3-39-12 - Additional security.
Section 3-39-13 - Foreclosure.
Section 3-39-14 - Legal investments.
Section 3-39-15 - Tax exemptions.
Section 3-39-16 - [Municipal Airport Zoning Law.]
Section 3-39-17 - Definitions.
Section 3-39-18 - Airport hazards not in public interest.
Section 3-39-19 - Preparation of airport approach plans.
Section 3-39-20 - Adoption of airport zoning regulations.
Section 3-39-21 - Permits and variances.
Section 3-39-22 - Zoning regulations; procedure.
Section 3-39-23 - Judicial review.
Section 3-39-24 - Enforcement and remedies.
Section 3-39-25 - Removal of airport obstructions by municipalities.