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Current as of January 01, 2024 | Updated by Findlaw Staff
A. The board shall annually submit to the governor and to the appropriate interim legislative committee a report including:
(1) the board's fiscal transactions during the preceding fiscal year;
(2) the market value of the education trust fund as of the end of the preceding fiscal year;
(3) the asset allocations of the education trust fund expressed in percentages of stocks, fixed income securities, cash or other financial assets; and
(4) the rate of return on the investment of the education trust fund's assets during the preceding fiscal year.
B. The board shall make the report described by Subsection A of this section available to account owners.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 21. State and Private Education Institutions § 21-21K-7. Reports - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-21-state-and-private-education-institutions/nm-st-sect-21-21k-7/
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