A. There is created in the state treasury a revolving loan fund which shall be known as the "historic preservation loan fund". The division shall administer the fund and may make loans from the fund in accordance with the Historic Preservation Loan Act [18-6-18 to 18-6-23 NMSA 1978].
B. The division shall deposit in the fund all receipts from the repayment of loans made pursuant to the Historic Preservation Loan Act.
C. The division may deposit in the fund any private funds made available for the purposes of the Historic Preservation Loan Act and any federal funds made available for the purpose of making grants or loans to owners of registered historic properties. Such funds may be used by the division to make or to subsidize loans made pursuant to the Historic Preservation Loan Act.
History: Laws 1987, ch. 7, ยง 4.
Structure 2021 New Mexico Statutes
Chapter 18 - Libraries, Museums and Cultural Properties
Article 6 - Cultural Properties
Section 18-6-2 - Purpose of act.
Section 18-6-4 - Committee created; membership; compensation; voting; term; chairman; meetings.
Section 18-6-5 - Committee; powers and duties.
Section 18-6-8 - State historic preservation officer; appointment; qualifications; duties.
Section 18-6-8.1 - Review of proposed state undertakings.
Section 18-6-9.1 - Cultural property; unauthorized appropriation; larceny.
Section 18-6-9.2 - Cultural property; unauthorized damage or appropriation; civil penalties.
Section 18-6-9.3 - Cultural property; forfeiture of instruments.
Section 18-6-10 - Cultural properties on private land.
Section 18-6-11 - Permit required for excavation of archaeological sites; penalty.
Section 18-6-11.1 - Confidentiality of site location.
Section 18-6-11.2 - Permit required for excavation of unmarked burials; penalty.
Section 18-6-12 - Emergency classification pending investigation.
Section 18-6-14 - State historian.
Section 18-6-15 - State archaeologist.
Section 18-6-16 - Preparation and sale of cultural properties publications; revolving fund; report.
Section 18-6-18 - Short title.
Section 18-6-20 - Definitions.
Section 18-6-21 - Fund created; administration.
Section 18-6-22 - Loan program; duties of division and committee.
Section 18-6-23 - Loans; criteria.
Section 18-6-24 - Short title.
Section 18-6-25 - Definitions.