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New Mexico Statutes Chapter 15. Administration of Government § 15-3B-16. Capital program; fund created; allocation and expenditure for capital outlay

Current as of January 01, 2024 | Updated by Findlaw Staff

A. The “capital program fund” is created in the state treasury. To this fund shall be credited all appropriations for capital outlay projects under the jurisdiction of the division.

B. The capital program fund shall be allocated by the division for capital outlay projects specified by the legislature in accordance with the provisions of the Property Control Act.

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Cite this article: FindLaw.com - New Mexico Statutes Chapter 15. Administration of Government § 15-3B-16. Capital program; fund created; allocation and expenditure for capital outlay - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-15-administration-of-government/nm-st-sect-15-3b-16/

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