New Mexico Statutes
§ 21-22H-7 — Teacher loan repayment fund created; method of
New Mexico § 21-22H-7
This text of New Mexico § 21-22H-7 (Teacher loan repayment fund created; method of) 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. § 21-22H-7 (2026).
Text
payment. The "teacher loan repayment fund" is created in the state treasury. All money appropriated for the teacher loan repayment program shall be credited to the fund, and any repayment of awards and interest received by the department shall be credited to the fund. Income from the fund shall be credited to the fund, and balances in the fund shall not revert to any other fund. Money in the fund is subject to appropriation by the legislature to the department for making loan repayment awards pursuant to the Teacher Loan Repayment Act. All payments for loan repayment awards shall be made upon vouchers signed by the designated representative of the department and upon a warrant issued by the secretary of finance and administration.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Laws 2013, ch. 177, § 7; 2019, ch. 193, § 5.
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 § 21-22H-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/21/21-22H-7.