Statutes > New Mexico Statutes > Chapter 6 - Public Finances. > Article 11 - Acceptance and Disbursement of United States Funds, 6-11-1 through 6-11-9. > Section 6-11-4 - Officer not to receive compensation; misapplication of funds; penalty; removal.

Section 6-11-4 - Officer not to receive compensation; misapplication of funds; penalty; removal.

6-11-4. [Officer not to receive compensation; misapplication of funds; penalty; removal.]

No officer shall receive any compensation for the receipt, handling or disbursement of said funds, and any officer who shall apply said funds to any other purpose than the purpose mentioned in this article and in the acts of congress referred to, shall forfeit treble the amount so misapplied and shall be immediately removed from office.