NMSA 1978, § 7-27-5.22 — 7-27-5.22

Severance tax permanent fund; investment in obligations
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.