New Mexico Statutes
§ 6-10-5 — General fund deficiency; certificates of indebtedness
In the event of a deficiency in the state general fund, upon prior approval by the state board of finance there shall be issued certificates of indebtedness of the state of New Mexico. These certificates shall be issued in an amount as may be required but not in excess of the constitutional limitation; such certificates shall be in the form prescribed by the attorney general of the state.
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New Mexico § 6-10-5 (General fund deficiency; certificates of indebtedness) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
1953 Comp., § 11-2-3.3, enacted by Laws 1963, ch. 36, § 1.
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Repealed§ 6-10-1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 funds