New Mexico Statutes

§ 6-12A-6 — Source of repayment

New Mexico·Ch. 6 Public Finances·Art. 12A Short-Term Cash Management
Principal of and interest on anticipation notes shall be payable solely from that portion of anticipated revenue pledged for that purpose and collected by the state for credit to the general fund in the fiscal year in which the anticipation notes are issued.

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Legislative History

Laws 1997, ch. 111, § 6.

Nearby Sections

15
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