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NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-27-9

7-27-9

Official textnmonesource.comlast amended

Bonds to be known as severance tax bonds and supplemental severance tax bonds.

# A.

Prior to July 1, 1999, all bonds issued wherein the money in the severance tax bonding fund is pledged for their retirement shall be known as "New Mexico severance tax bonds".

# B.

After July 1, 1999, there shall be two categories of bonds issued by the state board of finance wherein the money in the severance tax bonding fund is pledged for their retirement. Those bonds shall be known as "New Mexico severance tax bonds"
and as "New Mexico supplemental severance tax bonds".

Amendment history

1953 Comp., § 72-18-34, enacted by Laws 1961, ch. 5, § 7; 1999 (1st S.S.), ch. 6, § 3.

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

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  1. 7-27-5.11 · Repealed
  2. 7-27-5.12 · Repealed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  6. 7-27-5.16 · Repealed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  13. 7-27-5.23 · Repealed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  15. 7-27-5.25 · Repealed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  26. 7-27-11.1 · Repealed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