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NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-27-7

Special income to retire bonds

Official textnmonesource.comlast amended

When a law authorizing a severance tax bond issue or supplemental severance tax bond issue contemplates the income of money for the retirement of the bond issue other than or in addition to the money in the severance tax bonding fund, then the money derived from such income shall be paid to the state treasurer and be credited to the specific bond issue account and deposited in the severance tax bonding fund.

Amendment history

1953 Comp., § 72-18-32, enacted by Laws 1961, ch. 5, § 5; 1999 (1st S.S.), ch. 6, § 2.

Source: official source (NMSA chapter on nmonesource.com)

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In this article (40 sections)
  1. 7-27-5.9 · Repealed
  2. 7-27-5.10 · Repealed
  3. 7-27-5.11 · Repealed
  4. 7-27-5.12 · Repealed
  5. 7-27-5.13 · 7-27-5.13
  6. 7-27-5.14 · Findings and purpose
  7. 7-27-5.15 · 7-27-5.15
  8. 7-27-5.16 · Repealed
  9. 7-27-5.17 · Employers mutual company revenue bonds
  10. 7-27-5.18 · Purpose
  11. 7-27-5.19 · Deposits in New Mexico financial institutions; limitations
  12. 7-27-5.20 · Deposits in New Mexico credit unions
  13. 7-27-5.21 · New Mexico lottery revenue bonds
  14. 7-27-5.22 · 7-27-5.22
  15. 7-27-5.23 · Repealed
  16. 7-27-5.24 · 7-27-5.24
  17. 7-27-5.25 · Repealed
  18. 7-27-5.26 · Investment in films to be produced in New Mexico
  19. 7-27-5.27 · Local government emergency economic relief
  20. 7-27-6 · Severance tax bonding fund pledged
  21. 7-27-7 · Special income to retire bonds
  22. 7-27-8 · Transfer of money to severance tax permanent fund
  23. 7-27-9 · 7-27-9
  24. 7-27-10 · State board of finance shall issue bonds
  25. 7-27-10.1 · 7-27-10.1
  26. 7-27-10.2 · 7-27-10.2
  27. 7-27-11 · Authority to refund bonds
  28. 7-27-11.1 · Repealed
  29. 7-27-12 · When severance tax bonds to be issued
  30. 7-27-12.1 · 7-27-12.1
  31. 7-27-12.2 · 7-27-12.2
  32. 7-27-12.3 · 7-27-12.3
  33. 7-27-12.4 · 7-27-12.4
  34. 7-27-12.5 · 7-27-12.5
  35. 7-27-12.6 · 7-27-12.6
  36. 7-27-12.7 · 7-27-12.7
  37. 7-27-13 · Reserved
  38. 7-27-14 · Amount of tax; security for bonds
  39. 7-27-15 · Majority approval necessary for board action
  40. 7-27-16 · Form of bonds
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