6-10-27. Provisions inapplicable to permanent and certain other
52 words·~1 min read·
/nm/chapter-6-public-finances/article-10-public-money/6-10-27·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
funds.
The provisions of Sections 6-10-25 and 6-10-26 NMSA 1978, shall not apply to the investment of permanent funds or the income derived therefrom nor to the investment of funds otherwise authorized by law.
History: 1953 Comp., § 11-2-25.3, enacted by Laws 1955, ch. 140, § 3; 1967, ch. 211, § 2.