New Mexico Statutes 6-33-5. Budget
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The authority shall annually prepare a budget for administering and investing all funds managed by the venture capital program, which shall be reviewed and approved by the board of directors of the authority. Funds provided for the operating budget of the venture capital program may be made from the assets of the venture capital program fund or any other funds managed by the authority, as authorized by law.
Terms Used In New Mexico Statutes 6-33-5
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.