New Mexico § 15-3B-18 - Public buildings repair fund; created; expenditures
Full text of New Mexico New Mexico Statutes Annotated § 15-3B-18 — Public buildings repair fund; created; expenditures, with citation guidance and answers to common questions.
§ 15-3B-18. Public buildings repair fund; created; expenditures
A. The “public buildings repair fund” is created in the state treasury. The fund shall consist of appropriations, building use fees, concession fees, gifts,
grants, donations and bequests. Money in the fund shall not revert at the end of any fiscal year. The fund shall be administered by the division. B. Expenditures may be made from the public buildings repair fund only for operating
expenses of the division and necessary repair, renovation and purchase of physical
plant equipment for public buildings under the jurisdiction of the division. C. The division shall establish priorities for the use of the public buildings repair
fund and shall submit to the legislature in each regular session a list of recommended
expenditures to be made from the fund in the following fiscal year. The public buildings repair fund shall be expended pursuant to appropriations by
the legislature.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 15-3B-18
What does New Mexico Statutes Annotated § 15-3B-18 cover?
Section 15-3B-18 ("Public buildings repair 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 § 15-3B-18?
A common citation format is "New Mexico Statutes Annotated § 15-3B-18" (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 § 15-3B-18 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.