New Mexico Statutes

N.M. Stat. § 6-8-18 (2026)

Repealed

✓ laws through the 2025 session (retrieved May 2026)
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History: 1953 Comp., § 11-2-10.2, enacted by Laws 1970, ch. 2, § 2; 1971, ch. 41, § 1; 1987, ch. 79, § 2; 1978 Comp., § 6-8-18, repealed by Laws 2005, ch. 240, § 7.

ANNOTATIONS

Repeals. — Laws 2005, ch. 240, § 7, repealed 6-8-18 NMSA 1978, as enacted by Laws 1970, ch. 2, § 2, relating to permanent funds and investment in interest-bearing time deposits, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.

Notes of Decisions
Cited in 1 case, 2009–2009 · leading case: New Mexico ex rel. Nat'l Educ. Ass'n of New Mexico v. Austin Capital Mgmt. Ltd., 671 F. Supp. 2d 1248 (D.N.M. 2009).
New Mexico ex rel. Nat'l Educ. Ass'n of New Mexico v. Austin Capital Mgmt. Ltd., 671 F. Supp. 2d 1248 (D.N.M. 2009). “§§ 6-8-18, 6-8-19. Obviously, the SIC in no way functions independently of the State to the degree required by the applicable test.”
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