The treasurer of the state of New Mexico shall serve as trustee for the pension trust fund and the supplementary trust fund and shall receive and hold as trustee for the uses and purposes set out in the trust agreements any and all funds paid to it as such trustee by the state, the department, the employee beneficiaries or by any other person or persons.
History: Laws 1939, ch. 213, § 5; 1941 Comp., § 40-405; 1953 Comp., § 39-4-5.
Structure New Mexico Statutes
Article 4 - State Police Pension Fund
Section 29-4-1 - [Police board may establish trust funds; purpose.]
Section 29-4-3 - [Contributions to funds; maximum.]
Section 29-4-4 - State contributions to funds; liquidation.
Section 29-4-5 - [State treasurer is trustee of funds; duties.]
Section 29-4-6 - [Pension consultants; employment; duties.]