us-nm/stat
NMSA 1978, § 7-27-5.24 — 7-27-5.24
Severance tax permanent fund; investment in obligations
issued for state capitol buildings and renovations.
Subject to the approval of the state investment council, the severance tax permanent
fund may be invested in revenue bonds issued by the New Mexico finance authority for
state capitol buildings and relocation-associated renovations in the state capitol. The
amount invested shall not exceed ten million one hundred fifty-five thousand dollars
($10,155,000).
Source: official text