New Mexico Statutes

§ 9-15-55 — Minority business assistance fund created

New Mexico § 9-15-55
JurisdictionNew Mexico
Ch. 9Executive Department
Art. 15Economic Development Department

This text of New Mexico § 9-15-55 (Minority business assistance fund created) 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. § 9-15-55 (2026).

Text

The "minority business assistance fund" is created in the state treasury. The fund shall consist of appropriations, gifts, grants, donations and bequests made to the fund. Income from the fund shall be credited to the fund and money in the fund shall not revert or be transferred to any other fund at the end of a fiscal year. Money in the fund is subject to appropriation by the legislature to the department for the purposes of carrying out the provisions of the Minority Business Assistance Act [9-15-52 to 9-15-55 NMSA 1978]. Expenditures from the fund shall be made on warrant of the secretary of finance and administration pursuant to vouchers signed by the secretary of economic development.

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Legislative History

Laws 2007, ch. 180, § 4.

Nearby Sections

15
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Bluebook (online)
New Mexico § 9-15-55, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/9/9-15-55.