2011 New Mexico Statutes
Chapter 6: Public Finances
Article 12A: Short-Term Cash Management, 6-12A-1 through 6-12A-15
Section 6-12A-10: Expenses.


NM Stat § 6-12A-10 (1996 through 1st Sess 50th Legis) What's This?

6-12A-10. Expenses.

The expenses incurred by the state treasurer related to the issuance and sale of anticipation notes shall be paid out of the proceeds from the sale of the anticipation notes, and all rebate, penalty, interest and other obligations of the state related to the anticipation notes and anticipation notes proceeds under the Internal Revenue Code of 1986, as amended, shall be paid from the earnings on anticipation notes proceeds or any money of the state legally available for such payment.

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