§ 6-8-1 Definitions
§ 6-8-2 State investment council
§ 6-8-3 Council terms and qualifications
§ 6-8-4 Investment office; state investment officer; terms
§ 6-8-5 Bond; staff; budget
§ 6-8-6 Transfer of investment powers
§ 6-8-7 Powers and duties of the state investment council and state investment officer; investment policy; investment managers
§ 6-8-8 Compromise; adjustment
§ 6-8-10 Investment standards
§ 6-8-11 Custody of securities
§ 6-8-13 Record of investments
§ 6-8-14 Monthly reports
§ 6-8-15 Post-audit
§ 6-8-16 Annual report
§ 6-8-22 Disclosure of third-party marketers; penalty
§ 6-8-23 Compensation under contingent fee contracts; suspense fund created
§ 6-8-24 Qui tam plaintiffs
§ 6-8-25 Accounts for support of persons with disabilities

Terms Used In New Mexico Statutes > Chapter 6 > Article 8 - Investment of 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.
  • 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.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Fiduciary: A trustee, executor, or administrator.
  • 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.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Legacy: A gift of property made by will.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Quorum: The number of legislators that must be present to do business.
  • 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.