New Mexico § 5-4-7 [Disposition of funds received by gift or bequest.]

New Mexico Statutes

§ 5-4-7 — [Disposition of funds received by gift or bequest.]

New Mexico § 5-4-7

Ch. 5Municipalities and Counties

Art. 4Playgrounds and Recreational Equipment

This text of New Mexico § 5-4-7 ([Disposition of funds received by gift or bequest.]) 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. § 5-4-7 (2026).

Text

Money received for such purpose, unless otherwise provided by the terms of the gift or bequest shall be deposited with the treasurer of such municipality or county, to the account of the playground and recreation board or commission or other body having charge of such work, and the same may be withdrawn and paid out by such body in the same manner as other money appropriated for recreation purposes.

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Money received for such purpose, unless otherwise provided by the terms of the gift or bequest shall be deposited with the treasurer of such municipality or county, to the account of the playground and recreation board or commission or other body having charge of such work, and the same may be withdrawn and paid out by such body in the same manner as other money appropriated for recreation purposes.