New Mexico Statutes

§ 23-1-5 — [Indebtedness in excess of appropriations prohibited;

New Mexico § 23-1-5
JurisdictionNew Mexico
Ch. 23State Health Institutions
Art. 1General Provisions

This text of New Mexico § 23-1-5 ([Indebtedness in excess of appropriations prohibited;) 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. § 23-1-5 (2026).

Text

exceptions.] Every officer, board, body or agency or any member thereof, empowered to expend any public money or to direct the expenditure thereof, or to contract indebtedness against or in view of specific appropriations, is hereby prohibted [prohibited] from making any contract, incurring any expense, or contracting any liability against this state, or any public fund thereof, which shall make, tend to make or contemplate any excess of expenditure beyond the terms of the laws authorizing expenditures by them, or either of them, or under their direction; and it shall be unlawful for any trustee, superintendent, warden or other officer of any of the educational, penal, charitable or other institutions of this state, who, under the laws, has authority or may be vested with authority to purc

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Legislative History

Laws 1912, ch. 69, § 1; Code 1915, § 5158; C.S. 1929, § 130-1308; 1941

Nearby Sections

15
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Bluebook (online)
New Mexico § 23-1-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/23/23-1-5.