2006 New Mexico Statutes - Section 6-8-2 — State investment council.

6-8-2. State investment council.

There is created a "state investment council." The council shall be composed of:   

A.     the governor;   

B.     the state treasurer;   

C.     the commissioner of public lands;   

D.     the secretary;   

E.     three public members appointed by the governor with the advice and consent of the senate;   

F.     the state investment officer; and   

G.     the chief financial officer of a state institution of higher education appointed by the governor with the advice and consent of the senate.   

The chairman of the council shall be the governor.   

All actions of the council shall be by majority vote, and at least three members appointed pursuant to Subsections E and G of this section must be present to constitute a quorum.   

Members of the council appointed pursuant to Subsection E of this section shall be reimbursed per diem and mileage pursuant to the provisions of the Per Diem and Mileage Act [ 10-8-1 NMSA 1978].