New Mexico Statutes

§ 6-1-5 — Repayment of loans; disposition of receipts; crediting

New Mexico § 6-1-5
JurisdictionNew Mexico
Ch. 6Public Finances
Art. 1State Board of Finance

This text of New Mexico § 6-1-5 (Repayment of loans; disposition of receipts; crediting) 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. § 6-1-5 (2026).

Text

emergency fund; deposit in general fund. Any amount received by the state board of finance in repayment of any emergency loan shall be deposited by the board to the credit of the state board of finance emergency fund if the payment is received during the same fiscal year in which the loan was made. All payments made in any period subsequent to the close of the fiscal year in which the loan was made shall be deposited by the board in the general fund.

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Legislative History

1953 Comp., § 11-1-1.4, enacted by Laws 1959, ch. 139, § 4; 1973, ch. 92, §

Nearby Sections

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Bluebook (online)
New Mexico § 6-1-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/6/6-1-5.