New Mexico § 16-6-12 - Contracts; financial interest by commissioner; effect; penalty
Full text of New Mexico New Mexico Statutes Annotated § 16-6-12 — Contracts; financial interest by commissioner; effect; penalty, with citation guidance and answers to common questions.
§ 16-6-12. Contracts; financial interest by commissioner; effect; penalty
No commissioner shall either directly or indirectly be financially interested in any
contract made by the commission and any such contract in which a commissioner shall
be interested either directly or indirectly, shall be void. Any violation of the provisions of this article, shall be punishable by imprisonment
in the state prison for one year.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 16-6-12
What does New Mexico Statutes Annotated § 16-6-12 cover?
Section 16-6-12 ("Contracts; financial interest by commissioner; effect; penalty") 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 § 16-6-12?
A common citation format is "New Mexico Statutes Annotated § 16-6-12" (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 § 16-6-12 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.