Statutes > New Mexico Statutes > Chapter 6 - Public Finances. > Article 10 - Public Money, 6-10-1 through 6-10-63. > Section 6-10-7 - Retirement of certificates.

Section 6-10-7 - Retirement of certificates.

6-10-7. Retirement of certificates.

Such certificates of indebtedness shall be paid within two years after date upon order of the department of finance and administration. Any balance remaining in the special fund created for the proceeds of the issuance and sale of the certificates of indebtedness shall be first applied. Any additional amount required for retirement of such certificates shall be paid from the state general fund.