reglab/housing_qa huggingface dataset:
NM Stat § 6-10-44 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-44 - Temporary investment of excess funds; federal bonds or treasury certificates eligible.

If at any time the state treasurer, or the treasurer of any county, incorporated municipality or board in control has on hand more money than can be divided equitably and ratably among qualified depositories, such treasurer may, with the approval of the proper board of finance, temporarily invest such excess funds in United States bonds or treasury certificates under such rules and regulations as may be prescribed by the state board of finance. History: Laws 1923, ch. 76, § 26; 1925, ch. 123, § 10; C.S. 1929, § 112-126; 1941 Comp., § 7-238; 1953 Comp., § 11-2-41; Laws 1975, ch. 211, § 4. ANNOTATIONSAuthority to invest. — The words "with the approval of" establish an advice-and-consent relationship between the county treasurer and the board of finance with respect to investments in U.S. bonds or treasury certificates so that decisions concerning the investment of county funds in government securities are, in the first instance, a matter for the county treasurer. The county board of finance has no veto power, but does not have the power of choice itself. Board of Cnty. Comm'rs v. Padilla, 1990-NMCA-125, 111 N.M. 278, 804 P.2d 1097. Funds of contractors' licensing board must be deposited with state treasurer. — The contractors' licensing board is created as a state agency whose funds must be deposited with the state treasurer. The board is not specifically authorized to invest its surplus funds, and all such funds must be handled by the state treasurer. 1953 Op. Att'y Gen. No. 53-5719.
NM Stat § 6-10-44.1 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-44.1 - Deposits in credit unions.

Notwithstanding the provisions of Sections 6-10-36 or 6-10-44 NMSA 1978 requiring equitable or ratable deposits in banks and savings and loan associations, a treasurer or board of finance, in its discretion may deposit its public money in one or more credit unions as long as each deposit is insured by an agency of the United States. History: 1978 Comp., § 6-10-44.1, enacted by Laws 1987, ch. 79, § 18. ANNOTATIONSDeposits in credit unions. — Sections 6-10-36(D) and 6-10-44 NMSA 1978 do not give the county treasurer and the county board of finance co-equal powers with respect to deposits in federally insured credit unions. These sections do not alter with the relative authority of the county treasurer and the county board of finance as stated in 6-10-8 NMSA 1978. Sections 6-10-36(D) and 6-10-44.1 NMSA 1978 were intended to permit deposits in credit unions by treasurers and boards of finance of various public bodies, not just counties, leaving to other statutory provisions the question of the relative responsibilities of the two in making an investment decision. Board of Cnty. Comm'rs v. Padilla, 1990-NMCA-125, 111 N.M. 278, 804 P.2d 1097.
NM Stat § 6-10-45 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-45 - [Deposit of local funds with state treasurer to match allotments.]

The local governing authorities of counties, cities, towns and villages are hereby authorized to deposit with the state treasurer so much of their funds, within the limits of existing statutes, as may be necessary to match allotments of money to the state of New Mexico from public or private sources; provided, that said deposits with the state treasurer are expended entirely for the benefit of, and within the jurisdiction of, the counties, cities, towns and villages making such deposits. History: Laws 1925, ch. 140, § 1; C.S. 1929, § 33-4601; 1941 Comp., § 7-239; 1953 Comp., § 11-2-42. ANNOTATIONSBracketed material. — The bracketed material in the catchline was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 72 Am. Jur. 2d States § 77. 81A C.J.S. States § 155.
NM Stat § 6-10-46 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-46 - Disbursement of state funds; vouchers and warrants.

All payments and disbursements of public funds of the state shall be made upon warrants drawn by the secretary upon the treasury of the state based upon itemized vouchers in a form approved by the secretary. History: Laws 1923, ch. 76, § 24; C.S. 1929, § 112-124; 1941 Comp., § 7-240; 1953 Comp., § 11-2-43; Laws 1957, ch. 252, § 6; 1977, ch. 247, § 110; 2003, ch. 273, § 15. ANNOTATIONSThe 2003 amendment, effective July 1, 2003, substituted "in a form approved by the secretary" for "as provided by law" at the end. Funds from specific tax levies to be paid by state treasurer on orders of proper boards. — Funds collected from special tax levies made for cattle, hogs, and sheep should be paid out upon warrants drawn by the state treasurer on orders of the respective boards. 1937 Op. Att'y Gen. No. 37-1661. There is no statutory provision for the invalidation of warrants which have been duly issued and outstanding. The legislature has made specific provision for the situation in which a warrant duly issued and outstanding may be lost or destroyed, and the conditions under which a duplicate warrant may be issued in such situation. 1958 Op. Att'y Gen. No. 58-05. Am. Jur. 2d, A.L.R. and C.J.S. references. — 81A C.J.S. States § 226.
NM Stat § 6-10-47 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-47 - [Safekeeping and insurance of money and securities in state treasury; payment of cost.]

The state board of finance shall have power to contract for the safekeeping and insurance of all monies or securities in the state treasury, the cost of such safekeeping and insurance to be paid out of the interest on deposit fund upon warrants drawn by the state auditor. History: Laws 1923, ch. 76, § 28; C.S. 1929, § 112-128; 1941 Comp., § 7-244; 1953 Comp., § 11-2-47. ANNOTATIONSBracketed material. — The bracketed material in the catchline was inserted by the compiler and is not part of the law.
NM Stat § 6-10-48 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-48 - Insolvency of depository institution; profit and loss account.

Whenever any state funds have been deposited with any depository institution of this state and the depository institution has or will become insolvent at the time the deposit of state funds or any part thereof remains on deposit in that institution and the state board of finance determines that all or any part of the deposit of state funds is uncollectible or the deposit or any part thereof has been rendered uncollectible by reason of compromise or settlement thereof by the state board of finance, under order of court, the state board of finance shall order the state treasurer to transfer the balances of the amounts so deemed to be uncollectible to a profit and loss account and to close the accounts upon his books, specifying in the order the amounts to be credited to the profit and loss account. History: Laws 1929, ch. 67, § 1; C.S. 1929, § 13-1201; 1941 Comp., § 7-245; 1953 Comp., § 11-2-48; Laws 1987, ch. 79, § 19. ANNOTATIONSThe 1987 amendment, effective June 19, 1987, substituted "any depository institution of this state and the depository institution" for "any banking institution of this state and such banking institution" and made minor changes in language throughout the section. Am. Jur. 2d, A.L.R. and C.J.S. references. — 26A C.J.S. Depositaries § 12(4).
NM Stat § 6-10-49 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-49 - [Insolvency of banks; state funds; right to recover deposits not impaired.]

That the provisions of this act [6-10-48, 6-10-49 NMSA 1978], or action thereon by the state board of finance shall in no way prevent, interfere with or prejudice the right of the state of New Mexico to proceed with the collection of said amounts against the said depository or the sureties upon the bond of said depository nor shall the provisions of this act or actions thereunder by the said state board of finance, prevent, interfere with or prejudice the right of the said state board of finance to proceed with an action or actions to recover said amounts from said depository or the sureties upon the bond of said depository. History: Laws 1929, ch. 67, § 2; C.S. 1929, § 13-1202; 1941 Comp., § 7-246; 1953 Comp., § 11-2-49. ANNOTATIONSBracketed material. — The bracketed material in the catchline was inserted by the compiler and is not part of the law. Prorating liability of depository bonds. — Prorating of liability was ordered for depository bonds and public securities given by a bank subsequently insolvent. Gregg v. Hinkle, 1924-NMSC-030, 29 N.M. 576, 224 P. 1025. Am. Jur. 2d, A.L.R. and C.J.S. references. — 11 Am. Jur. 2d Banks §§ 1028 to 1143. Right, in absence of statute, to preference in respect of deposits or public funds in insolvent bank, 103 A.L.R. 621. Liability on bond of public officer for loss of public funds due to insolvency of bank in which they were deposited, 155 A.L.R. 436. 26A C.J.S. Depositaries § 13.
NM Stat § 6-10-50 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-50 - Loss of money deposited in qualified banks, savings and loan associations or credit unions; treasurers relieved of liability.

No treasurer is liable for the loss of public money deposited by him in any bank, savings and loan association or credit union qualified to receive it under the provisions of this article due to the failure of the depository to repay the money except in cases where the loss could have been avoided by the exercise of reasonable care on the part of the treasurer. Nothing in this section shall be construed as relieving from liability any security given by any bank or savings and loan association under the provisions of this article. History: Laws 1923, ch. 76, § 30; C.S. 1929, § 112-130; 1941 Comp., § 7-247; 1953 Comp., § 11-2-50; Laws 1981, ch. 332, § 16; 1987, ch. 79, § 20. ANNOTATIONSThe 1987 amendment, effective June 19, 1987, inserted "or credit union" following "savings and loan association" near the middle of the first paragraph, substituted "this article" for "this act" in both places it appears and made minor changes in language throughout the section. Am. Jur. 2d, A.L.R. and C.J.S. references. — 63C Am. Jur. 2d Public Officers and Employees § 348. 26A C.J.S. Depositaries § 12(4).
NM Stat § 6-10-51 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-51 - To cover all moneys lawfully intrusted to treasurers.

All moneys, whether belonging to the state of New Mexico or to any county thereof, or to any city, town, village, municipal school district, union high school district, independent rural school district, rural school district or to any other special or other district, board of [or] institution, when lawfully in the possession or custody or under the control of the state treasurer, or of any county, city, town or village treasurer, or of any person acting as treasurer of any board in control, shall be considered to be moneys of and belonging to the state of New Mexico, or of the county, city, town, village or board in control for which such treasurer or person so in possession lawfully acts. History: Laws 1933, ch. 175, § 11; 1941 Comp., § 7-248; 1953 Comp., § 11-2-51. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 6-10-52 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-52 - [Failure to comply with specific requirements; penalty.]

Any person who shall willfully or knowingly fail to perform any act required, and as required by Section 2 [6-10-3 NMSA 1978] or Section 25 [6-10-42 NMSA 1978] hereof, or who shall commit any act in violation of either of said sections, shall be guilty of a felony and upon conviction shall be punished by a fine of not to exceed two thousand dollars ($2,000), or by imprisonment in the penitentiary for a term of not more than three years, or by both such fine and imprisonment. History: Laws 1923, ch. 76, § 29; C.S. 1929, § 112-129; 1941 Comp., § 7-249; 1953 Comp., § 11-2-52. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 6-10-53 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-53 - [Bribery of public treasurers and employees; penalty.]

Any person or persons who shall directly or indirectly pay or give, or offer to pay or give, to any one holding the office of state treasurer or the office of treasurer of any county, city or town, or board in control, in this state, or to any person or persons under such officer's direction for the profit of any such officer or other person or persons, any reward or compensation either in money or other property or thing of value, in consideration of a loan to or deposit with any such person or persons, or body of persons, association or corporation, of any public monies in the custody or under the control of such state treasurer, or the treasurer of any county, city or town, or board in control, or in consideration of any other agreement or arrangement touching the use of such monies or any part thereof, for any purpose not authorized by law, shall be deemed guilty of a felony, and upon conviction thereof shall be punished by a fine of not more than five thousand dollars [($5,000)] or by imprisonment for not more than ten years or both. History: Laws 1923, ch. 76, § 31; C.S. 1929, § 112-131; 1941 Comp., § 7-250; 1953 Comp., § 11-2-53. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Cross references. — For bribery of public officer or employee, see 30-24-1 NMSA 1978. Am. Jur. 2d, A.L.R. and C.J.S. references. — 12 Am. Jur. 2d Bribery §§ 15 to 18. 11 C.J.S. Bribery §§ 15 to 19.
NM Stat § 6-10-54 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-54 - [Institutions exempted from paying over money to state treasurer; liability for failure to make authorized deposit.]

The several educational, charitable and penal institutions of the state shall be exempt from the provisions of Section 2 [6-10-3 NMSA 1978] of this act; provided, however, that any treasurer of the board in control of any such institution who shall fail, neglect or refust [refuse] to deposit all the funds, earned or unearned, of such institution in a qualified depository under an agreement to pay interest at the rate specified in Section 10 hereof on daily balances, shall be liable on his official bond for the amount of loss occasioned by the failure to so deposit such funds under an agreement to pay interest at such rate. History: Laws 1923, ch. 76, § 23; 1925, ch. 123, § 9; C.S. 1929, § 112-123; 1941 Comp., § 7-251; 1953 Comp., § 11-2-54.  ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Compiler's notes. — Laws 1923, ch. 76, § 10, which is referred to in this section, was repealed by Laws 1933, ch. 175, § 13. For present provision, see 6-10-35 NMSA 1978. Am. Jur. 2d, A.L.R. and C.J.S. references. — 81A C.J.S. States §§ 223, 224.
NM Stat § 6-10-55 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-55 - Short title.

This act [6-10-55 to 6-10-57 NMSA 1978] may be cited as the "Warrant Cancellation Act". History: 1953 Comp., § 11-2-43.1, enacted by Laws 1963, ch. 233, § 1.
NM Stat § 6-10-56 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-56 - Definitions.

As used in the Warrant Cancellation Act: A. "fiscal officer" means: (1) for the state, the state treasurer, or, for all warrants issued by the department of finance and administration, the secretary of that department, or, for all warrants issued by agencies and institutions other than the department of finance and administration, the legally authorized disbursing officer of the agency or institution; (2) for a county, the county treasurer; (3) for a municipality, the municipal treasurer; (4) for a school district, the legally authorized disbursing officer for the local board of education; and (5) for a special district, the legally authorized disbursing officer; and B. "warrant" means any warrant or check issued by the state, its agencies, institutions and political subdivisions. History: 1953 Comp., § 11-2-43.2, enacted by Laws 1963, ch. 233, § 2; 1965, ch. 51, § 1; 1977, ch. 247, § 111.
NM Stat § 6-10-58 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-58 - Signing checks for state funds.

From and after the taking effect of this act, all checks drawn against any funds in the hands of the state treasurer shall be signed by the state treasurer or his duly authorized deputy. History: Laws 1923, ch. 76, § 27; C.S. 1929, § 112-127; Laws 1937, ch. 133, § 1; 1941 Comp., § 7-241; 1953 Comp., § 11-2-44. ANNOTATIONSCompiler's notes. — The phrase "after the taking effect of this act" means after March 9, 1923, the effective date of Laws 1923, Chapter 76.
NM Stat § 6-10-59 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-59 - Loss or destruction of state or political subdivision warrant or order for money; issue of duplicate.

In case of the loss or destruction of any warrant, draft, check or order for the payment of money out of the treasury of the state, or of any political subdivision of the state, the officer who drew the original instrument, or his successors in office, shall issue a duplicate as provided in Section 6-10-60 NMSA 1978. History: Laws 1874, ch. 20, § 1; C.L. 1884, § 187; C.L. 1897, § 399; Code 1915, § 791; C.S. 1929, § 27-303; 1941 Comp., § 7-242; 1953 Comp., § 11-2-45; Laws 1965, ch. 50, § 1. ANNOTATIONSState or county obligated to pay debt when warrant lost. — Where a state or county warrant is issued in payment of a debt and that warrant is lost, the county or state is under some form of duty to pay the debt. 1956 Op. Att'y Gen. No. 56-6450. Lost warrants must be issued in name of original payee. 1966 Op. Att'y Gen. No. 66-10. Owner of negotiable bond entitled to duplicate, but must pay cost of issuance. — The owner of a negotiable bond or coupon is generally entitled to the issuance of a duplicate thereof, where he has satisfactorily shown by affidavit to the county issuing authority that such negotiable security has been in fact lost, mutilated or destroyed. The claimant should pay the county the reasonable expense of issuing the duplicate. 1962 Op. Att'y Gen. No. 62-139. Am. Jur. 2d, A.L.R. and C.J.S. references. — 20 C.J.S. Counties §§ 208 to 217; 64 C.J.S. Municipal Corporations §§ 1892, 1893; 79 C.J.S. Schools and School Districts §§ 346, 347; 81A C.J.S. States §§ 242, 243.
NM Stat § 6-10-61 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-61 - [Permanent fund investment laws not affected.]

Nothing in this act shall be construed to prevent the investment in such manner as may be provided by law, of any permanent funds of the state, or of any county, city, town or board in control in the state. History: Laws 1923, ch. 76, § 32; C.S. 1929, § 112-132; 1941 Comp., § 7-252; 1953 Comp., § 11-2-55. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Compiler's notes. — The term "this act," which appears in this section, refers to Laws 1923, ch. 76, presently compiled as 6-1-1, 6-10-2, 6-10-3, 6-10-20, 6-10-29, 6-10-37 to 6-10-42, 6-10-44, 6-10-46, 6-10-47, 6-10-50, 6-10-52 to 6-10-54, 6-10-58 and 6-10-61 NMSA 1978.
NM Stat § 6-10-62 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-62 - Destruction of documentary evidence of extinguished debt; certificates of destruction; retention.

A. When a debt in the form of a bond, note, certificate of indebtedness or interest coupon, incurred by the state, a state agency or institution, or by a political subdivision of the state (hereinafter called the "debtor agency"), has been extinguished by the full payment thereof, the documentary evidence of the debt may be destroyed. When the payment has been made by a bank, savings and loan association or other third-party paying agent, the bank, savings and loan association or other third-party paying agent shall forward to the governing authority of the debtor agency a certificate of destruction on which shall be specified: (1) the number and maturity date of the bond, note, certificate or coupon; (2) the date paid; and (3) any other information required by the debtor agency. The debtor agency shall retain all such certificates of destruction for six years. B. If the debtor agency is the paying agent, the bond, note, certificate of indebtedness or interest coupon shall be retained for a period of two years following payment, at which time the documentary evidence of the debt may be destroyed and a certificate of destruction prepared containing the same information as that required in Subsection A of this section. The certificate of destruction shall be retained by the debtor agency for six years. History: 1953 Comp., § 11-2-75, enacted by Laws 1975, ch. 117, § 1; 1981, ch. 332, § 17.
NM Stat § 6-10-63 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 10 - Public Money|Section 6-10-63 - Electronic fund transfers.

Notwithstanding any other provision of law, any public money may be transferred by means of electronic funds transfer between any public body and a public or private entity. The state board of finance shall adopt rules and regulations to carry out the purpose of this section. History: 1978 Comp., § 6-10-63, enacted by Laws 1989, ch. 48, § 1.
NM Stat § 6-11-1 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 11 - Acceptance and Disbursement of United States Funds|Section 6-11-1 - [Funds from forest reserves; acceptance.]

That the terms and conditions of the acts of congress providing for the distribution among the states and territories of the United States of a portion of the revenues derived from forest reserves be, and the same are hereby accepted. History: Laws 1909, ch. 119, § 1; Code 1915, § 1350; C.S. 1929, § 33-5801; 1941 Comp., § 7-301; 1953 Comp., § 11-3-1. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Compiler's notes. — The federal law providing for the distribution of a portion of the funds received from forest reserves (now national forests) is compiled as 16 U.S.C.S. § 500.
NM Stat § 6-11-2 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 11 - Acceptance and Disbursement of United States Funds|Section 6-11-2 - [Transmission of money to counties.]

The treasurer of the state of New Mexico shall transmit to the treasurers of the various counties in which forest reserves are situated, the proportion of money in his hands from the source mentioned which shall be due such county, such proportion to be based upon the number of acres of forest reserve in such county. History: Laws 1909, ch. 119, § 2; Code 1915, § 1351; C.S. 1929, § 33-5802; 1941 Comp., § 7-302; 1953 Comp., § 11-3-2. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.