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New Mexico Statutes > Chapter 6 > Article 10 – Public Money

§ 6-10-1 Fiscal year designated
§ 6-10-1.1 Definitions
§ 6-10-1.2 Payment methods authorized; fee
§ 6-10-2 Public money; cash books; daily balance; public record
§ 6-10-2.1 State treasurer; duty
§ 6-10-3 Payment of state money into treasury; suspense funds
§ 6-10-4 Payment of obligations of prior years from current year appropriations
§ 6-10-5 General fund deficiency; certificates of indebtedness
§ 6-10-6 Issuance of certificates
§ 6-10-7 Retirement of certificates
§ 6-10-8 County boards of finance
§ 6-10-9 Boards of finance for institutions
§ 6-10-10 Deposit and investment of funds
§ 6-10-10.1 Local government investment pool created; distribution of earnings; report of investments
§ 6-10-10.2 Statements of condition required to be transmitted to the state cash manager
§ 6-10-11 Approval of investment of state funds
§ 6-10-12 [Investment of special road fund balances over $10,000.]
§ 6-10-13 [Limitation on investment of special road fund.]
§ 6-10-14 [Securities eligible for special road fund investments.]
§ 6-10-15 Surety for deposits
§ 6-10-16 Security for deposits of public money
§ 6-10-16.1 Security for public deposits
§ 6-10-17 Amount of security to be deposited
§ 6-10-17.1 Noncompliance with collateral requirements; withdrawal of public funds
§ 6-10-18 Assignment of securities; disposition
§ 6-10-19 Ineligible depository bonds
§ 6-10-20 Additional security
§ 6-10-21 Security for deposits; safekeeping; regulations of state board of finance
§ 6-10-22 Security for deposits; liability for loss
§ 6-10-23 Safekeeping of pledged securities; acceptance, release and substitution
§ 6-10-24 Deposit of public funds in federally insured banks, savings and loan associations and credit unions; conditions
§ 6-10-24.1 State funds; limitation
§ 6-10-24.2 Linked deposit program
§ 6-10-25 Declaration of policy
§ 6-10-26 Quarterly reports of funds on demand deposit; investment in interest-bearing deposits and securities
§ 6-10-27 Provisions inapplicable to permanent and certain other funds
§ 6-10-28 Investment of bond proceeds
§ 6-10-29 Banks, savings and loan associations and credit unions to furnish statement of deposits monthly; credit interest monthly; signature to checks
§ 6-10-30 Interest rates set by state board of finance
§ 6-10-31 Interest on time deposits
§ 6-10-32 Treatment of interest on land grant funds
§ 6-10-33 Interest limited to maximum permitted by federal law or regulation
§ 6-10-34 Withdrawal of time deposits subject to federal law or regulation
§ 6-10-35 Fiscal agent of New Mexico; state checking depositories;
§ 6-10-36 Public money deposits of certain governmental units;
§ 6-10-36.1 Receipts of public money; disposition by certain municipalities
§ 6-10-37 State treasurer to make deposits
§ 6-10-38 Bonds of state treasurer, municipal treasurers and treasurers of boards in control
§ 6-10-39 [Official bonds; payment of premiums; form.]
§ 6-10-40 Officials receiving consideration for placing loan or deposit; misusing funds; failure to deposit; penalty
§ 6-10-41 Suspense account unearned money; transfer
§ 6-10-42 Authorizing fund transfers to address delays in revenue;
§ 6-10-43 Interest and sinking-fund balances
§ 6-10-44 Temporary investment of excess funds; federal bonds or treasury certificates eligible
§ 6-10-44.1 Deposits in credit unions
§ 6-10-45 [Deposit of local funds with state treasurer to match allotments.]
§ 6-10-46 Disbursement of state funds; vouchers and warrants
§ 6-10-47 [Safekeeping and insurance of money and securities in state treasury; payment of cost.]
§ 6-10-48 Insolvency of depository institution; profit and loss account
§ 6-10-49 [Insolvency of banks; state funds; right to recover deposits not impaired.]
§ 6-10-50 Loss of money deposited in qualified banks, savings and loan associations or credit unions; treasurers relieved of liability
§ 6-10-51 To cover all moneys lawfully intrusted to treasurers
§ 6-10-52 [Failure to comply with specific requirements; penalty.]
§ 6-10-53 [Bribery of public treasurers and employees; penalty.]
§ 6-10-54 [Institutions exempted from paying over money to state treasurer; liability for failure to make authorized deposit.]
§ 6-10-55 Short title
§ 6-10-56 Definitions
§ 6-10-57 Cancellation of warrants
§ 6-10-58 Signing checks for state funds
§ 6-10-59 Loss or destruction of state or political subdivision warrant or order for money; issue of duplicate
§ 6-10-60 Issuance of duplicate; affidavit; bond to save state or political subdivision harmless
§ 6-10-61 [Permanent fund investment laws not affected.]
§ 6-10-62 Destruction of documentary evidence of extinguished debt; certificates of destruction; retention
§ 6-10-63 Electronic fund transfers

Terms Used In New Mexico Statutes > Chapter 6 > Article 10 - Public Money

  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Ex officio: Literally, by virtue of one's office.
  • Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. Source: OCC
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • 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.
  • Fraud: Intentional deception resulting in injury to another.
  • 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
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
  • Oath: A promise to tell the truth.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.

New Mexico Statutes > Chapter 6 > Article 10 – Gross Receipts Tax Registration

§ 7-10-1 Short title
§ 7-10-2 Purpose of act
§ 7-10-3 Definitions
§ 7-10-4 Persons doing business with the state; registration to pay the gross receipts tax required
§ 7-10-5 Penalty for noncompliance

Terms Used In New Mexico Statutes > Chapter 6 > Article 10 - Gross Receipts Tax Registration

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.