2018 New Mexico Statutes
Chapter 12 - Miscellaneous Public Affairs Matters
Article 1 - Compilation Commission
Section 12-1-6 - Compilation fund; contents.]

Universal Citation: NM Stat § 12-1-6 (2018)
12-1-6. Compilation fund; contents.]

A. All money remaining unexpended or uncommitted in the 1941 compilation fund as of July 1, 1953, is hereby transferred to the New Mexico compilation fund.

B. The sum of $40,000.00 is hereby transferred from the New Mexico digest fund to the New Mexico compilation fund.

C. All money received by the compilation commission from the sale of any compilation or the supplements thereto shall be paid into the state treasury and credited to the New Mexico compilation fund.

History: 1941 Comp., § 1-124, enacted by Laws 1953, ch. 39, § 6; 1953 Comp., § 1-1-6.

ANNOTATIONS

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

Sale proceeds only paid into compilation fund. — While this section does not, in terms, create a revolving fund, it nonetheless expressly requires all proceeds of sales of any compilation or supplements to go into the compilation fund, negating placing the sale proceeds in any other fund, the general fund included. 1957-58 Op. Att'y Gen. No. 58-134.

Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.