New Mexico § 51-1-21 - Seal; report
Full text of New Mexico New Mexico Statutes Annotated § 51-1-21 — Seal; report, with citation guidance and answers to common questions.
§ 51-1-21. Seal; report
The department shall adopt an official seal which shall be judicially noticed. Not later than December 1 of each year it shall submit to the governor a report
covering the administration and operation of the Unemployment Compensation Law for
the preceding fiscal year ending June 30 and make recommendations for amendments to
that act as it deems proper. The report shall include a balance sheet of the money in the fund in which there
shall be provided, if possible a reserve against liability in future years, to pay
benefits in excess of the then current contributions, which reserves shall be set
up by the secretary in accordance with accepted actuarial principles on the basis
of statistics of employment, business activity and other relevant factors for the
longest possible period.
Frequently Asked Questions About New Mexico § 51-1-21
What does New Mexico Statutes Annotated § 51-1-21 cover?
Section 51-1-21 ("Seal; report") 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 § 51-1-21?
A common citation format is "New Mexico Statutes Annotated § 51-1-21" (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 § 51-1-21 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.