New Mexico § 5-4-7 - Disposition of funds received by gift or bequest
Full text of New Mexico New Mexico Statutes Annotated § 5-4-7 — Disposition of funds received by gift or bequest, with citation guidance and answers to common questions.
§ 5-4-7. Disposition of funds received by gift or bequest
Money received for such purpose, unless otherwise provided by the terms of the gift
or bequest shall be deposited with the treasurer of such municipality or county, to
the account of the playground and recreation board or commission or other body having
charge of such work, and the same may be withdrawn and paid out by such body in the
same manner as other money appropriated for recreation purposes.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 5-4-7
What does New Mexico Statutes Annotated § 5-4-7 cover?
Section 5-4-7 ("Disposition of funds received by gift or bequest") 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 § 5-4-7?
A common citation format is "New Mexico Statutes Annotated § 5-4-7" (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 § 5-4-7 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.