7-27-19. Severance tax bonds and supplemental severance tax
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/nm/chapter-7-taxation/article-27-severance-tax-bonding-act/7-27-19·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
bonds legal investments.
Severance tax bonds and supplemental severance tax bonds are legal investments for any person or board charged with the investment of any public funds and are acceptable as security for any deposit of public money.
History: 1953 Comp., § 72-18-43, enacted by Laws 1961, ch. 5, § 16; 1999 (1st S.S.), ch. 6, § 11.