The Short-Term Cash Management Act, without reference to any other statute, shall be full authority for the issuance and sale of anticipation notes and shall have all the qualities of investment securities under the Uniform Commercial Code [Chapter 55 NMSA 1978].
History: Laws 1997, ch. 111, ยง 12.
Structure 2021 New Mexico Statutes
Article 12A - Short-Term Cash Management
Section 6-12A-1 - Short title.
Section 6-12A-3 - Definitions.
Section 6-12A-4 - State treasurer certification.
Section 6-12A-5 - Anticipation notes; authorization; state board of finance approval.
Section 6-12A-6 - Source of repayment.
Section 6-12A-7 - Anticipation notes debt service fund created.
Section 6-12A-8 - Proceeds from anticipation notes; anticipation notes fund created; investment.
Section 6-12A-9 - Anticipation notes; legal investment; tax exemption.
Section 6-12A-11 - State treasurer; duty to make payments and keep records.
Section 6-12A-12 - Authority for issuance.
Section 6-12A-13 - Action to compel performance of officers.
Section 6-12A-14 - Anticipation notes exempt from taxation.
Section 6-12A-15 - Anticipation notes not a general obligation of the state.