New Mexico Statutes
§ 6-1-4 — Loans or grants obtained by political subdivisions;
New Mexico § 6-1-4
This text of New Mexico § 6-1-4 (Loans or grants obtained by political subdivisions;) 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. § 6-1-4 (2026).
Text
application of proceeds. Any municipal corporation or other political subdivision obtaining a loan or grant shall apply the proceeds thereof only for the purposes stated by the state board of finance in its action approving the loan or grant.
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Legislative History
1953 Comp., § 11-1-1.3, enacted by Laws 1959, ch. 139, § 3; 1973, ch. 92, §
Nearby Sections
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§ 6-1-6
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Payment methods authorized; fee§ 6-10-10
Deposit and investment of fundsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 6-1-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/6/6-1-4.