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2019 New Mexico Statutes
Chapter 6 - Public Finances
Article 12A - Short-Term Cash Management
Section 6-12A-2 - Purpose.
Universal Citation: NM Stat § 6-12A-2 (2019)
The purpose of the Short-Term Cash Management Act is to ensure an orderly and uninterrupted flow of money to the general fund by anticipating the receipt of taxes and other state revenues into the general fund and authorizing the state treasurer to issue short-term notes payable from those anticipated receipts.
History: Laws 1997, ch. 111, ยง 2.
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