New Mexico § 9-15F-12 Powers and duties of the state board of finance

New Mexico Statutes

§ 9-15F-12 — Powers and duties of the state board of finance

New Mexico·Ch. 9 Executive Department·Art. 15F Trade Ports Development

The state board of finance shall have the following powers and duties pursuant to the Trade Ports Development Act: A. the review and provision of final approval or disapproval of all public-private partnership agreements, pursuant to the requirements of Subsection D of Section 8 [9- 15F-8 NMSA 1978] of that act; B. approval of the disbursement of public funds from the trade ports development fund for a trade port project based on the private partner's satisfaction of project benchmarks or deliverables; and C. promulgation of rules to carry out its duties pursuant to that act.

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The state board of finance shall have the following powers and duties pursuant to the Trade Ports Development Act: A. the review and provision of final approval or disapproval of all public-private partnership agreements, pursuant to the requirements of Subsection D of Section 8 [9- 15F-8 NMSA 1978] of that act; B. approval of the disbursement of public funds from the trade ports development fund for a trade port project based on the private partner's satisfaction of project benchmarks or deliverables; and C. promulgation of rules to carry out its duties pursuant to that act.

New Mexico § 9-15F-12 (Powers and duties of the state board of finance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.