New Mexico § 21-1-11 - Allocation of funds
Full text of New Mexico New Mexico Statutes Annotated § 21-1-11 — Allocation of funds, with citation guidance and answers to common questions.
§ 21-1-11. Allocation of funds
Whenever there shall be any money in the hands of the state treasurer to the credit
of any of the specific funds set apart for said institutions deemed sufficient by
such board to commence the erection of any of the necessary buildings or improvements
or pay the running or other expenses of such institution, the state auditor, on the
request in writing of any such boards shall, and it is hereby made his duty, to draw
his warrant in favor of the treasurer of said board and institution upon the state
treasurer against the specific fund belonging to such institution in such sum, not
exceeding the amount on hand in such specific fund at such time, as said board may
deem necessary: provided, that any such board shall only draw said money as it may
be necessary to disburse the same.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 21-1-11
What does New Mexico Statutes Annotated § 21-1-11 cover?
Section 21-1-11 ("Allocation 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 § 21-1-11?
A common citation format is "New Mexico Statutes Annotated § 21-1-11" (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 § 21-1-11 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.