New Mexico Statutes
§ 21-22I-7 — Loan repayment fund created
New Mexico § 21-22I-7
JurisdictionNew Mexico
Ch. 21State and Private Education Institutions
Art. 22IChildren, Youth and Families Worker Loan Repayment
This text of New Mexico § 21-22I-7 (Loan repayment fund created) 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. § 21-22I-7 (2026).
Text
The "children, youth and families worker loan repayment fund" is created in the state treasury. The fund consists of appropriations, repayment of awards and interest received by the department, income from investment of the fund, gifts, grants and donations. The fund shall be administered by the department, and money in the fund is appropriated to the department to make loan repayment awards pursuant to the Children, Youth and Families Worker Loan Repayment Act. Money in the fund at the end of a fiscal year shall not revert to any other fund. All payments for loan repayment awards shall be made on warrants of the secretary of finance and administration on vouchers signed by the secretary of higher education or the secretary's authorized representative.
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Legislative History
Laws 2015, ch. 16, § 7.
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 § 21-22I-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/21/21-22I-7.