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Home » US Law » 2021 New Mexico Statutes » Chapter 58 - Financial Institutions and Regulations » Article 18 - Mortgage Finance Authority » Section 58-18-15 – State and municipalities not liable on bonds and notes.

The bonds, notes and other obligations of the authority shall not be a debt of the state or of any municipality, and neither the state nor any municipality shall be liable thereon.

History: 1953 Comp., § 13-19-15, enacted by Laws 1975, ch. 303, § 15.