2017 New Mexico Statutes
Chapter 32A - Children's Code
Article 11 - Interstate Compact on Placement of Children
Section 32A-11-5 - Financial commitment; approval.
32A-11-5. Financial commitment; approval.
The officers and agencies of the state and of its political subdivisions having authority to place children are hereby empowered to enter into agreements with appropriate officers or agencies of or in other party states pursuant to Paragraph B of Article 5 of the Interstate Compact on the Placement of Children. Any such agreement which contains a financial commitment or imposes a financial obligation on the state or political subdivision or agency thereof shall not be binding unless it has the approval in writing of the secretary of finance and administration and of the chief local fiscal officer in the case of a political subdivision of the state.
History: 1953 Comp., 13-16A-5, enacted by Laws 1977, ch. 151, 5; 1983, ch. 301, 73; recompiled as 1978 Comp., 32A-11-5 by Laws 1993, ch. 77, 212.
