Any district organized under the provisions of this act N.M. Stat. Ann. § 73-12-1 to 73-12-57 shall be taxed in the sum of four percent (4%) of the gross revenue derived from the sale of surplus power, which amount shall be paid into the county treasury of the county in which such district is organized to the credit of the county road fund.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.