New Mexico Statutes
§ 21-11-23 — [Use of funds restricted to designated purposes.]
New Mexico § 21-11-23
JurisdictionNew Mexico
Ch. 21State and Private Education Institutions
Art. 11New Mexico Institute of Mining and Technology
This text of New Mexico § 21-11-23 ([Use of funds restricted to designated purposes.]) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 21-11-23 (2026).
Text
None of the funds derived from the sale of said bonds, except so much thereof as shall be necessary to defray the cost of the issuance thereof, shall ever be used or expended by said board for any purposes other than those for which authority is herein given.
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Legislative History
1941 Comp., § 55-2621, enacted by Laws 1947, ch. 119, § 9; 1953 Comp., §
Nearby Sections
15
§ 21-1-10
Delegation of authority§ 21-1-11
[Allocation of funds.]§ 21-1-12
[Annual reports; contents.]§ 21-1-19
[Oaths of board members; filing.]Cite This Page — Counsel Stack
Bluebook (online)
New Mexico § 21-11-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/21/21-11-23.