New Mexico § 13-1B-6 - Loan program; duties of the department
Full text of New Mexico New Mexico Statutes Annotated § 13-1B-6 — Loan program; duties of the department, with citation guidance and answers to common questions.
§ 13-1B-6. Loan program; duties of the department
A. The department shall: (1) administer the provisions of the Alternative Fuel Acquisition Act, except that
the provisions of Section 13-1B-3 NMSA 1978 shall be administered by the commission on higher education and the state department
of public education for their respective programs; (2) establish a program to make loans to the agencies and departments of state government,
political subdivisions and educational institutions, individually or jointly, to facilitate
the acquisition of vehicles of the agencies and departments of state government, political
subdivisions and educational institutions in accordance with the Alternative Fuel
Acquisition Act; (3) review, evaluate and approve or reject all loan applications submitted to obtain
loans from the fund; (4) submit an annual report to the governor and the legislature evaluating the status
and the effectiveness of the Alternative Fuel Acquisition Act; and (5) have an annual audit performed on the administration of the fund. B. The department shall adopt rules and regulations necessary to carry out the purposes
of the Alternative Fuel Acquisition Act, including rules and regulations governing: (1) the procedures and format for submitting loan applications to the department to
obtain a loan from the fund; (2) the criteria to review, evaluate and approve loan applications; (3) the procedure to determine the distribution of money in the fund; and (4) the procedure to determine and notify an applicant of the progress on a loan application.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 13-1B-6
What does New Mexico Statutes Annotated § 13-1B-6 cover?
Section 13-1B-6 ("Loan program; duties of the department") 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 § 13-1B-6?
A common citation format is "New Mexico Statutes Annotated § 13-1B-6" (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 § 13-1B-6 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.