There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 6: Public Finances
Article 12A: Short-Term Cash Management, 6-12A-1 through 6-12A-15
Section 6-12A-2: Purpose.
NM Stat § 6-12A-2 (1996 through 1st Sess 50th Legis) What's This?
6-12A-2. Purpose.
The purpose of the Short-Term Cash Management Act [6-12A-1 NMSA 1978] is to ensure an orderly and uninterrupted flow of money to the general fund by anticipating the receipt of taxes and other state revenues into the general fund and authorizing the state treasurer to issue short-term notes payable from those anticipated receipts.
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