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Code · New Mexico · Chapter 22 — Public Schools · Article 11 — Educational Retirement

22-11-12. Fund; suspense fund; disbursements.

95 words·~1 min read·/nm/chapter-22-public-schools/article-11-educational-retirement/22-11-12·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The state treasurer shall make disbursements from the educational retirement fund or the educational retirement suspense fund only on warrants issued by the department of finance and administration or through any other process as approved by the department of finance and administration. Warrants for disbursements from the educational retirement fund or the educational retirement suspense fund shall be issued by the department of finance and administration only upon voucher of the director.
History: 1953 Comp., § 77-9-12, enacted by Laws 1967, ch. 16, § 136; 1993, ch. 69, § 2; 2011, ch. 157, § 3.
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