There is created a fund to be known as the "general fund" to which the state treasurer shall credit all revenues not otherwise allocated by law. Expenditures from this fund shall be made only in accordance with appropriations authorized by the legislature.
History: 1953 Comp., § 11-2-3.1, enacted by Laws 1957, ch. 7, § 1.
ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Cross references. — For the Short-Term Cash Management Act, see Chapter 6, Article 12A NMSA 1978.
For distribution of vehicle fees, see 66-6-23 NMSA 1978.
Erroneous crediting of federal money to general fund may be corrected. — The crediting of $677.35, which, by virtue of federal law, was really federal and not state money, to the general fund instead of to the vocational rehabilitation account was a clerical error which could be corrected without violation of N.M. Const., art. IV, § 30 or of this section. 1964 Op. Att'y Gen. No. 64-04.