§ 13-1B-1 Short title
§ 13-1B-2 Definitions
§ 13-1B-3 Acquisition of vehicles; exemptions
§ 13-1B-4 Revolving loan fund created; administration
§ 13-1B-5 Revolving loan fund; loans made from the fund
§ 13-1B-6 Loan program; duties of the department
§ 13-1B-7 Repayment of loans to the fund

Terms Used In New Mexico Statutes > Chapter 13 > Article 1B - Alternative Fuel Acquisition

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC