New Mexico § 33-1-19 - Use of funds
Full text of New Mexico New Mexico Statutes Annotated § 33-1-19 — Use of funds, with citation guidance and answers to common questions.
§ 33-1-19. Use of funds
A. The funds created in or pursuant to Section 33-1-18 NMSA 1978 shall be used by the corrections department or the board of finance for the purpose
of acquiring, designing, constructing or equipping, by lease or lease-purchase, or
by financing the ownership by the corrections department through the issuance of bonds
or other obligations by the corrections department or the board of finance, or other
means, a corrections department central office complex, a personnel training academy,
a special incarceration alternative facility, correctional facilities or any combination
of these facilities, and for paying the expenses relating to the lease, lease-purchase
or financing of these facilities. Before any of the funds created in Section 33-1-18 NMSA 1978 may be used for any such purpose, the state board of finance shall approve the proposed
facility and the proposed use of the funds. B. The funds created in or pursuant to Section 33-1-18 NMSA 1978 shall be used so that available appropriations are devoted to the following projects: (1) payment for the corrections department central office complex; (2) a correctional facility in Guadalupe county of not less than five hundred fifty
and not more than two thousand two hundred beds; (3) a correctional facility in Lea, Chaves or Santa Fe county of not less than one
thousand two hundred and not more than two thousand two hundred beds; and (4) design and construction of a support services building, a laundry and an infirmary
at the penitentiary of New Mexico in Santa Fe. C. The use of funds designated in Subsection B of this section for a correctional
facility in Guadalupe county and a correctional facility in Lea, Chaves or Santa Fe
county is contingent upon construction of both facilities, so that one of the facilities
shall not be constructed unless both of the facilities are constructed, as nearly
as possible, simultaneously. D. Any balance at the end of any fiscal year in the special funds created in Section 33-1-18 NMSA 1978 that are not needed to pay leases, loans, bonds or other financing instruments in
that fiscal year may be appropriated by the legislature for expenditure in succeeding
fiscal years by the corrections department for corrections purposes.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 33-1-19
What does New Mexico Statutes Annotated § 33-1-19 cover?
Section 33-1-19 ("Use of funds") 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 § 33-1-19?
A common citation format is "New Mexico Statutes Annotated § 33-1-19" (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 § 33-1-19 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.