New Mexico Statutes
§ 60-1A-23 — Horse racing suspense account. (Repealed effective July
New Mexico § 60-1A-23
This text of New Mexico § 60-1A-23 (Horse racing suspense account. (Repealed effective July) is published on Counsel Stack Legal Research, covering New Mexico primary law.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. § 60-1A-23 (2026).
Text
1, 2028.) A. The "horse racing suspense account" is created in the state treasury to hold funds remitted to the commission for payment of all legal claims for refunds.
B.Money in the horse racing suspense account exceeding three thousand dollars ($3,000) shall be transferred to the taxation and revenue department for deposit in the general fund.
C.The money in the horse racing suspense account shall be used to pay claims for refunds that have been determined by the commission to be legally due to the remitter.
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Legislative History
Laws 2007, ch. 39, § 23.
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
New Mexico § 60-1A-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/60/60-1A-23.