New Mexico Statutes
§ 46-4-2 — Acceptance by beneficiary
New Mexico § 46-4-2
This text of New Mexico § 46-4-2 (Acceptance by beneficiary) 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. § 46-4-2 (2026).
Text
The governor in behalf of the state, or any agency thereof or the governing body of any political subdivision named as beneficiary of a trust must approve and accept by appropriate act, resolution, order or ordinance the benefits to be bestowed by such trust. Before any such trust shall affect or be binding upon the governor in behalf of the state, or any agency thereof or the governing body of any political subdivision, the trust agreement shall be approved by a majority of the members of the state board of finance.
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Legislative History
1953 Comp., § 33-6-2, enacted by Laws 1957, ch. 171, § 2.
Nearby Sections
15
§ 46-1-1
Repealed§ 46-1-10
Repealed§ 46-1-11
Repealed§ 46-1-14
Court accountings§ 46-1-15
Uniformity of interpretation§ 46-1-16
Short title§ 46-1-2
Repealed§ 46-1-3
Repealed§ 46-1-4
Repealed§ 46-1-5
Repealed§ 46-1-6
Repealed§ 46-1-7
Repealed§ 46-1-8
RepealedCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 46-4-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/46/46-4-2.