New Mexico Statutes

§ 6-12A-9 — Anticipation notes; legal investment; tax exemption

New Mexico § 6-12A-9
JurisdictionNew Mexico
Ch. 6Public Finances
Art. 12AShort-Term Cash Management

This text of New Mexico § 6-12A-9 (Anticipation notes; legal investment; tax exemption) 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. § 6-12A-9 (2026).

Text

Anticipation notes issued by the state treasurer pursuant to the Short-Term Cash Management Act are legal and authorized investments for banks, savings banks, trust companies, savings and loan associations, insurance companies, fiduciaries, trustees and guardians and for the sinking funds of political subdivisions, departments, institutions and agencies of the state. Anticipation notes are sufficient security for all deposits of state funds and of all funds of any board in control of public money at the par value of the anticipation notes.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Laws 1997, ch. 111, § 9.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
New Mexico § 6-12A-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/6/6-12A-9.