New Mexico § 23-1-5 - Indebtedness in excess of appropriations prohibited; exceptions

Full text of New Mexico New Mexico Statutes Annotated § 23-1-5 — Indebtedness in excess of appropriations prohibited; exceptions, with citation guidance and answers to common questions.

§ 23-1-5. Indebtedness in excess of appropriations prohibited; exceptions

Every officer, board, body or agency or any member thereof, empowered to expend any

public money or to direct the expenditure thereof, or to contract indebtedness against

or in view of specific appropriations, is hereby prohibited from making any contract,

incurring any expense, or contracting any liability against this state, or any public

fund thereof, which shall make, tend to make or contemplate any excess of expenditure

beyond the terms of the laws authorizing expenditures by them, or either of them,

or under their direction; and it shall be unlawful for any trustee, superintendent,

warden or other officer of any of the educational, penal, charitable or other institutions

of this state, who, under the laws, has authority or may be vested with authority

to purchase supplies, employ servants or assistants, contract indebtedness, or to

do any act contemplating the expenditure of public moneys, to contract any indebtedness

in behalf of such institutions or ostensibly against the state on account of such

institutions in excess of the appropriations made for the maintenance and support

thereof; but in respect to the penitentiary, the asylum for the insane, the reform

school, the institute for the blind, the miners' hospital and the deaf and dumb asylum,

if the specific appropriations therefor shall have become exhausted, food and clothing

for the inmates thereof may be purchased on the credit of the state.

Source: official New Mexico text · Last verified 2026-08-27

Frequently Asked Questions About New Mexico § 23-1-5

What does New Mexico Statutes Annotated § 23-1-5 cover?

Section 23-1-5 ("Indebtedness in excess of appropriations prohibited; exceptions") 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 § 23-1-5?

A common citation format is "New Mexico Statutes Annotated § 23-1-5" (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 § 23-1-5 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.