New Mexico Statutes
Article 5 - Financial Control
Section 6-5-11 - "Annual" defined for payroll administration.

For the purpose of administering payroll for all branches of government, "annual" means fifty-two calendar weeks.
History: 1978 Comp., § 6-5-11, enacted by Laws 1999, ch. 24, § 1.

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Structure New Mexico Statutes

New Mexico Statutes

Chapter 6 - Public Finances

Article 5 - Financial Control

Section 6-5-1 - Definitions.

Section 6-5-2 - Financial control division; central system of state accounts; accounting systems; processing documents; model accounting practices; internal accounting controls.

Section 6-5-2.1 - Division; additional duties.

Section 6-5-3 - Legality and authority for proposed expenditures determined by division and state agency; encumbering funds.

Section 6-5-4 - Repealed.

Section 6-5-4.1 - Annual financial report.

Section 6-5-5 - Warrants issued by secretary; powers and duties of state auditor regarding warrants and transfer of funds imposed upon secretary.

Section 6-5-6 - Determinations to be made prior to issuance of warrants.

Section 6-5-7 - Warrant or documentation to show fund from which payment is made; settlement of claims against state; account between state and treasury.

Section 6-5-8 - Vouchers.

Section 6-5-9 - Secretary may authorize state agencies to issue warrants; secretary may except state agencies from submission of proposed vouchers, purchase orders or contracts.

Section 6-5-9.1 - Procurement card project.

Section 6-5-10 - State agency reversions; director powers; compliance with federal rules.

Section 6-5-11 - "Annual" defined for payroll administration.