New Mexico § 61-3-11 - Bonds; expenses
Full text of New Mexico New Mexico Statutes Annotated § 61-3-11 — Bonds; expenses, with citation guidance and answers to common questions.
§ 61-3-11. Bonds; expenses
A. The executive officer and any employee of the board who handles money or who certifies
the receipt or disbursal of money received by the board, shall, within thirty days
after election or employment by the board, execute a bond in a penal sum to be set
by the board, conditioned on the faithful performance of the duties of the office
and on accounting for all funds coming into his hands. The bonds shall be signed by a surety company authorized to do business in this
state and shall be in such form as to meet the approval of the board. B. Members of the board may be reimbursed as provided in the Per Diem and Mileage
Act, but shall receive no other compensation, perquisite or allowance.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 61-3-11
What does New Mexico Statutes Annotated § 61-3-11 cover?
Section 61-3-11 ("Bonds; expenses") 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 § 61-3-11?
A common citation format is "New Mexico Statutes Annotated § 61-3-11" (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 § 61-3-11 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.