New Mexico Statutes

§ 6-1-2 — State board of finance; loans and grants of emergency funds

New Mexico § 6-1-2
JurisdictionNew Mexico
Ch. 6Public Finances
Art. 1State Board of Finance

This text of New Mexico § 6-1-2 (State board of finance; loans and grants of emergency funds) 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. § 6-1-2 (2026).

Text

If the state board of finance determines that an emergency exists that warrants such action, it may lend or grant to any state agency, board, commission, municipal corporation or other political subdivision organized under the laws of the state or any Indian nation, tribe or pueblo located in whole or in part in New Mexico that sum of money the board determines reasonable and appropriate from any funds appropriated to the board for use in meeting emergencies. As used in this section, "emergency" means an unforeseen occurrence or circumstance severely affecting the quality of government services and requiring the immediate expenditure of money that: A. is not within the available resources of the state agency, board, commission, municipal corporation or other political subdivision or the In

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Legislative History

1953 Comp., § 11-1-1.1, enacted by Laws 1959, ch. 139, § 1; 1973, ch. 92, §

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Bluebook (online)
New Mexico § 6-1-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/6/6-1-2.