Statutes > New Mexico Statutes > Chapter 6 - Public Finances. > Article 10 - Public Money, 6-10-1 through 6-10-63. > Section 6-10-12 - Investment of special road fund balances over $10,000.

Section 6-10-12 - Investment of special road fund balances over $10,000.

6-10-12. [Investment of special road fund balances over $10,000.]

The state treasurer is hereby authorized and directed to invest, as hereinafter provided, the funds on deposit in the state treasury to the credit of any special road fund, where such balance is in the amount of $10,000 (ten thousand dollars) or more.