New Mexico § 13-6-7 - Surplus property fund; created; expenditures
Full text of New Mexico New Mexico Statutes Annotated § 13-6-7 — Surplus property fund; created; expenditures, with citation guidance and answers to common questions.
§ 13-6-7. Surplus property fund; created; expenditures
A. The “surplus property fund” is created as a nonreverting fund in the state treasury. The fund consists of money received from the sale of surplus property by the surplus
property bureau of the transportation services division of the general services department. The surplus property bureau shall administer the fund, and money in the fund is
subject to appropriation by the legislature to carry out activities relating to the
acquisition, transfer and sale of surplus government property. Money in the fund shall be disbursed on vouchers approved and warrants signed by
the director of the transportation services division of the general services department
or the director's authorized representative. B. Money in the surplus property fund attributable to the sale of federal property
shall be held and accounted for separately from money attributable to the purchase
or sale of state property.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 13-6-7
What does New Mexico Statutes Annotated § 13-6-7 cover?
Section 13-6-7 ("Surplus property fund; created; expenditures") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 13-6-7?
A common citation format is "New Mexico Statutes Annotated § 13-6-7" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 13-6-7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.