Legal investments
NMSA 1978, § 7-24A-20
in effect7-24A-20. Legal investments
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 county or municipality of this state, issued pursuant to a law of this state, for the purposes of investment or purchase by the state investment officer.
1978 Comp., § 7-24A-20, enacted by Laws 1978, ch. 182, § 20.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.do#!b/7-24A-20Fetched: 10/20/2026
