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2019 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 18B - Low-Income Housing Trust
Section 58-18B-7 - Use of money from fund.
Universal Citation: NM Stat § 58-18B-7 (2019)
Money from the fund and other sources shall be used in accordance with the provisions of the Land Title Trust Fund Act [58-28-1 to 58-28-8 NMSA 1978].
History: Laws 1994, ch. 146, § 12; 1999, ch. 41, § 4.
ANNOTATIONSThe 1999 amendment, effective July 1, 1999, substituted "from fund" for "for loans and grant projects to provide housing; eligible activities" in the catchline, and rewrote the section, which formerly related to money from the fund and other sources which could be used to finance loans or grant projects to provide housing for low-income persons and listed activities eligible for assistance from the fund.
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