There Is a Newer Version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 21: State and Private Education Institutions
Article 12: New Mexico Military Institute, 21-12-1 through 21-12-17
Section 21-12-14: Investment of fund.
NM Stat § 21-12-14 (1996 through 1st Sess 50th Legis) What's This?
21-12-14. Investment of fund.
The board of regents of New Mexico military institute may invest and reinvest the legislative scholarship fund in accordance with state investment council policy for market rate investments for the severance tax permanent fund, subject to the approval of the state investment council after explanation and presentation of the investment plan.
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