New Mexico § 20-9-2 - Accountability for money and property

Full text of New Mexico New Mexico Statutes Annotated § 20-9-2 — Accountability for money and property, with citation guidance and answers to common questions.

§ 20-9-2. Accountability for money and property

The adjutant general, with the concurrence of the governor as commander in chief,

shall promulgate such regulations as are necessary to provide for the accountability

of state and federal property which shall provide procedures and standards for ascertaining

individual pecuniary liability for restitution and for hardship remission of indebtedness

where appropriate. Proceeds collected therefrom shall be paid over to the adjutant general for distribution

as may be required by appropriate state or federal law or regulation. When loss or damage occurs and a determination of no pecuniary liability is made,

the authority making the determination will direct a settlement of accounts without

penalty or assessment. The adjutant general may accomplish the settlement of accounts for lost money or

lost or damaged property of the United States allotted or entrusted to the militia

or national guard by payment from the funds appropriated to the adjutant general when

such a settlement cannot be accomplished by other means within a reasonable time so

as not to jeopardize the national guard's entitlement to continue to receive allotments

of federal funds, equipment, or supplies.

Source: official New Mexico text · Last verified 2026-08-27

Frequently Asked Questions About New Mexico § 20-9-2

What does New Mexico Statutes Annotated § 20-9-2 cover?

Section 20-9-2 ("Accountability for money and property") 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 § 20-9-2?

A common citation format is "New Mexico Statutes Annotated § 20-9-2" (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 § 20-9-2 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.