New Mexico Statutes

§ 6-10-30 — Interest rates set by state board of finance

New Mexico·Ch. 6 Public Finances·Art. 10 Public Money
The state board of finance at any time, but at least once each fiscal year, shall fix the rate of interest to be paid upon all time deposits of public money made by all public officials authorized to make deposits of public money.

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Legislative History

1953 Comp., § 11-2-27, enacted by Laws 1975, ch. 304, § 1; 2001, ch. 55, § 1.

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