New Mexico Statutes

§ 6-10-22 — Security for deposits; liability for loss

New Mexico § 6-10-22
JurisdictionNew Mexico
Ch. 6Public Finances
Art. 10Public Money

This text of New Mexico § 6-10-22 (Security for deposits; liability for loss) 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. § 6-10-22 (2026).

Text

The state treasurer or any board of finance or the secretary or treasurer of any board of finance charged with the custody of any bonds or securities mentioned in Section 6- 10-21 NMSA 1978 who complies with the requirements of the state board of finance with respect to the safekeeping of any bonds or securities shall not be liable for the loss of those bonds or securities except in cases where the loss is due to his willful act or might have been avoided by reasonable care on his part.

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Legislative History

Laws 1927, ch. 87, § 2; C.S. 1929, § 13-1021; 1941 Comp., § 7-221; 1953

Nearby Sections

15
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Bluebook (online)
New Mexico § 6-10-22, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/6/6-10-22.