New Mexico Statutes

§ 62-21-8 — Deposit public support money in special fund

New Mexico·Ch. 62 Electric, Gas and Water Utilities·Art. 21 Essential Services Development
A.A regional or local government that receives money from public support for an essential services project shall create a special fund into which the money from the public support shall be deposited and shall be expended only for essential services project purposes. Separate accounts shall be established for each essential services project.
B.In the case of a regional government, money from public support may be expended only as provided by the regional government's essential services development plan and joint powers agreement.

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Legislative History

Laws 2025, ch. 125, § 8.

Nearby Sections

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