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


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

6-12A-6. Source of repayment.

Principal of and interest on anticipation notes shall be payable solely from that portion of anticipated revenue pledged for that purpose and collected by the state for credit to the general fund in the fiscal year in which the anticipation notes are issued.

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