New Mexico Statutes

§ 13-4A-7 — Administration of the program

New Mexico·Ch. 13 Public Purchases and Property·Art. 4A Art in Public Places
The division shall determine the amount to be made available for the purchase of art, in consultation with the contracting agency responsible for the building to be constructed or renovated, and payments thereof shall be made in accordance with law. All agencies shall notify the division in writing upon legislative approval of construction budgets. One percent of the total appropriation for new construction or renovation of any building shall be deposited into the art in public places fund after the issuance of the appropriate bonds. If the entire one percent of the total funds appropriated for a particular building is not required for the project, the remainder shall accumulate in the art in public places fund and shall be accounted for separately and expended for the acquisition of art f

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New Mexico § 13-4A-7 (Administration of the program) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Laws 1986, ch. 11, § 7.

Nearby Sections

15
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