New Mexico Statutes
§ 6-1-3 — Loans of emergency funds; terms and conditions for
New Mexico § 6-1-3
This text of New Mexico § 6-1-3 (Loans of emergency funds; terms and conditions for) 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. § 6-1-3 (2026).
Text
repayment; security and interest. The state board of finance may prescribe those terms and conditions it deems proper with respect to the repayment of any loan and the application of the proceeds of the loan, and it may require or waive security by way of the pledge of revenues or otherwise and may require or waive interest, as the board determines proper under the circumstances.
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Legislative History
1953 Comp., § 11-1-1.2, enacted by Laws 1959, ch. 139, § 2; 1973, ch. 92, §
Nearby Sections
15
§ 6-1-6
[Separate accounts.]§ 6-1-7
Repealed§ 6-10-1
Fiscal year designated§ 6-10-1.1
Definitions§ 6-10-1.2
Payment methods authorized; fee§ 6-10-10
Deposit and investment of fundsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 6-1-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/6/6-1-3.