6-10-13. [Limitation on investment of special road fund.]
77 words·~1 min read·
/nm/chapter-6-public-finances/article-10-public-money/6-10-13·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Investments mentioned in Section one [6-10-12 NMSA 1978] of this act shall not be made until after funds due the highway department for expenses incurred against such balance, are deducted nor shall such investments be made if the balance in such fund is to be expended by the state highway department within one year from the date that investment may be made.
History: Laws 1933, ch. 128, § 2; 1941 Comp., § 7-213; 1953 Comp., § 11-2-15.