New Mexico Administrative Code
Title 2 - PUBLIC FINANCE
Chapter 61 - STATE INDEBTEDNESS AND SECURITIES
Part 6 - BOND PROJECT DISBURSEMENTS
Section 2.61.6.7 - DEFINITIONS
Current through Register Vol. 35, No. 18, September 24, 2024
A. "Agency" means any department, commission, council, board, committee, institution, legislative body, agency, government corporation, educational institution or official of the executive, legislative or judicial branch of the government of the state. It also includes the purchasing division of the general services department and the state purchasing agent, but does not include local public bodies.
B. "Board" means state board of finance.
C. "Capital expenditure" means cost of a type that is properly chargeable to a capital account under general federal income tax principles.
D. "Draw requests" means agency request for bond proceeds on a form approved from time to time by board staff.
