New Mexico § 27-2-17 - Custodian of funds
Full text of New Mexico New Mexico Statutes Annotated § 27-2-17 — Custodian of funds, with citation guidance and answers to common questions.
§ 27-2-17. Custodian of funds
The state department is hereby designated as the custodian, subject to the provisions
of Section 21 of this act, of any and all monies which may be received by the state
of New Mexico, which the state board of public welfare is authorized to administer,
from any appropriations made by the congress of the United States for the purpose
of cooperating with the several states in the enforcement and administration of the
provisions of the federal Social Security Act, 1 referred to in Section 9, and all monies received from any other source for the purposes
set forth in this act. The state department is hereby authorized to receive such monies, provide for the
proper custody thereof, and to make disbursements therefrom under such rules and regulations
as the state board may prescribe. 1
42 U.S.C.A. § 301 et seq.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 27-2-17
What does New Mexico Statutes Annotated § 27-2-17 cover?
Section 27-2-17 ("Custodian 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 § 27-2-17?
A common citation format is "New Mexico Statutes Annotated § 27-2-17" (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 § 27-2-17 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.