N.M. Admin. Code § 7.29.4.15

Current through Register Vol. 35, No. 23, December 10, 2024

Section 7.29.4.15 - ADMINISTRATION OF THE PRIMARY CARE CAPITAL FUND

A. The Fund shall be administered by the Authority as a separate account in the State Treasury, but may consist of such sub accounts as the Authority deems necessary to carry out the purposes of the Fund.

B. Money from repayments of loans or payments on securities held by the Authority for Capital Projects authorized specifically by law shall be deposited in the Fund. The Fund shall also consist of any other money appropriated, distributed or otherwise allocated to the Fund for the purpose of financing Capital Projects authorized specifically by law.

C. The Authority shall adopt a uniform accounting system for the Fund and related accounts and sub-accounts established by the Authority, based on generally accepted accounting principles.

N.M. Admin. Code § 7.29.4.15

7.29.4.15 NMAC - Rp 7 NMAC 29.4.15, 12/28/01