New Mexico Statutes
§ 22-11-11 — Educational retirement fund; suspense fund
New Mexico § 22-11-11
This text of New Mexico § 22-11-11 (Educational retirement fund; suspense fund) 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. § 22-11-11 (2026).
Text
A.The "educational retirement fund" and the "educational retirement suspense fund" are created.
B.The state treasurer shall be the custodian of the funds, and the board shall be the trustee of the funds.
C.All membership fees, contributions from members and local administrative units, securities evidencing the investment of money from the fund, unclaimed member contributions, interest, gifts, grants or bequests shall be deposited in the educational retirement fund.
D.All amounts received in satisfaction of a claim brought by private attorneys on behalf of the board shall be deposited into the educational retirement suspense fund. The board shall disburse the compensation due the private attorneys, together with reimbursement for reasonable costs and expenses, in accordance with the ter
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Legislative History
1953 Comp., § 77-9-11, enacted by Laws 1967, ch. 16, § 135; 2011, ch. 157, §
Nearby Sections
15
§ 22-1-1
Public School Code§ 22-1-1.1
Legislative findings and purpose§ 22-1-1.2
Legislative findings and purpose§ 22-1-11
Educational data system§ 22-1-16
Parental guidance for water safety§ 22-1-2
Definitions§ 22-1-2.1
Home school; requirementsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 22-11-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/22/22-11-11.