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Current as of January 01, 2024 | Updated by Findlaw Staff
The purpose of the Short-Term Cash Management Act is to ensure an orderly and uninterrupted flow of money to the general fund by anticipating the receipt of taxes and other state revenues into the general fund and authorizing the state treasurer to issue short-term notes payable from those anticipated receipts.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 6. Public Finances § 6-12A-2. Purpose - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-6-public-finances/nm-st-sect-6-12a-2/
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