New Mexico Statutes

§ 21-21-23 — Certification of the board of educational finance

New Mexico § 21-21-23
JurisdictionNew Mexico
Ch. 21State and Private Education Institutions
Art. 21Student Loans

This text of New Mexico § 21-21-23 (Certification of the board of educational finance) 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. § 21-21-23 (2026).

Text

Upon report by the fiscal agent of the accumulated total of guaranteed loans requiring funding under the Student Loan Guarantee Act [21-21-14 to 21-21-24 NMSA 1978], the board shall certify to the state treasurer the demonstrated need for disbursement from the severance tax permanent fund. The state treasurer shall then disburse the needed funds to the fiscal agent.

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Legislative History

1978 Comp., § 21-21-23, enacted by Laws 1978, ch. 110, § 10.

Nearby Sections

15
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Bluebook (online)
New Mexico § 21-21-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/21/21-21-23.