New Mexico Administrative Code
Title 6 - PRIMARY AND SECONDARY EDUCATION
Chapter 20 - PUBLIC SCHOOL FINANCE - BUDGETING AND ACCOUNTING
Part 3 - PROCEDURES FOR THE PAYMENT OF SETTLEMENT AGREEMENTS
Section 6.20.3.9 - UNAUTHORIZED PAYMENTS TO ADMINISTRATORS
Universal Citation: 6 NM Admin Code 6.20.3.9
Current through Register Vol. 35, No. 18, September 24, 2024
A. A settlement with and subsequent payment to an administrator made prior to obtaining written approval of the secretary shall be considered an unauthorized payment.
B. An unauthorized payment may be considered mismanagement and may constitute grounds for suspension of the local school board from acting as a board of finance.
C. An unauthorized payment may constitute a violation of the anti-donation clause of the New Mexico constitution and may be reported to the attorney general or state auditor, or be subject to further civil or criminal referrals or other sanctions.
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