New Mexico Statutes
§ 21-21-11 — Proceeds from bond sale
All proceeds from the sale of bonds under the Student Loan Act, except amounts set aside as reserves and the expenses of selling the bonds, which may also be paid from the proceeds, shall be deposited with the state treasurer for credit to the student loan fund.
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Legislative History
1953 Comp., § 73-38-11, enacted by Laws 1970, ch. 82, § 11.
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