New Mexico Administrative Code

State Investment Council.

[RESERVED]

[RESERVED]

[RESERVED]

[Filed January 13, 1988]

[RESERVED]

[RESERVED]

[repealed] The following associated items shall be delivered to the state's custodian to qualify a promissory note secured by a first mortgage as acceptable collateral for deposits of the severance tax permanent fund made pursuant to Section 7-25-5.2(B) NMSA 1978 [repealed]: A. o…

State Investment Council.

[RESERVED]

Sections 7-27-5.2 [repealed], and including but not limited to, Sections 6-10-10, 6-10-16, 6-10-17, 6-10-18, 6-10-20, 6-10-24.1, 6-10-29 and 6-10-35 NMSA 1978.

[Permanent]

[Filed October 5, 1987]

[RESERVED.]

[RESERVED.]

A. In the exercise of its authority under Sections 7-27-5.2 [repealed], and including but not limited to, Sections 6-10-10, 6-10-16, 6-10-17, 6-10-18, 6-10-20, 6-10-24.1, 6-10-29 and 6-10-35 NMSA 1978, the state investment council (the "council") desires to minimize potential ris…

Office of the State Treasurer.

All state agencies, boards and commissions making deposits at the state treasurer's office, cashier's office.

Article V, Section 1, New Mexico Constitution; Section 6-1-13 NMSA 1978.

Permanent.

8/1/72, unless a later date is cited at end of a section or paragraph.

The objective of Part 2 Chapter 6 is to establish the times deposits will be accepted by the cashiers office.

[RESERVED]

Effective 8-1-72 the cashier's door will be closed at 4 p.m. to give personnel time to get their work completed. A. Any deposits not at the cashier's office, room 156, by 4 p.m. will not be accepted until the following day. B. Deposits cannot be delivered to any other department …

State Investment Council.

[RESERVED]

Sections 7-27-5.2 [repealed], and including but not limited to, Sections 6-10-10, 6-10-16, 6-10-17, 6-10-18, 6-10-20, 6-10-24.1, 6-10-29 and 6-10-35 NMSA 1978.

[Permanent]

[Filed October 5, 1987]

[RESERVED]

[RESERVED]

A. In the exercise of its authority under Sections 7-27-5.2 [repealed], and including but not limited to, Sections 6-10-10, 6-10-16, 6-10-17, 6-10-18, 6-10-20, 6-10-24.1, 6-10-29 and 6-10-35 NMSA 1978, the state investment council (the "council") desires to minimize the level of …

State Investment Council.

[RESERVED]

[RESERVED]

[Permanent.]

February 1, 1992

[RESERVED]

[RESERVED]

A. The compliance rules set forth below are only applicable to purchase, sale, and short sale of (i.e., trades in) certain securities and securities-oriented options and warrants (derivatives). Compliance with these rules is required of all employees of the state investment offic…

State Board of Finance, 181 Bataan Memorial Building, Santa Fe, NM 87501.

A. Deposits of public money shall be secured by the following. (1) Securities of the United States, its agencies or instrumentalities which shall be accepted at market value. (2) Securities of the state of New Mexico, its agencies, instrumentalities, counties, municipalities or o…

A. The figures to be used by the state treasurer in completing the risk assessment analysis for a depository bank shall be calculated from the quarterly call statements, thrift reports, or national credit union administration reports of the financial institution and on the state …

A. If a depository bank is unable to meet the risk assessment qualifications for a minimum level of collateral required, the state treasurer is directed to cease making any additional deposits of public money into the depository bank and to withdraw deposits in the order they wou…

A. A financial institution requesting to become a custodial bank must submit the following information to the state treasurer: (1) a letter from the federal reserve bank or branch thereof or any bank qualified to perform custodial functions in the state of New Mexico requesting t…

A. The figures to be used by the state treasurer in completing the risk assessment analysis for a custodial bank shall be calculated from the quarterly call statements of the custodial bank and from the treasurer's generated report "New Mexico financial institution quarterly repo…

A. Unless a waiver is granted by the state treasurer pursuant to Subsection D of 2.60.4.13.NMAC, a financial institution will be disqualified from serving as custodial bank for state deposits when any one of the following three conditions occur: (1) any one of the following risk …

State treasurer and financial institutions holding deposits of public money or collateral pledged to secure those deposits under the state board of finance authority.

A. Section 6-1-1 Part E NMSA 1978 states that the state board of finance has general supervision of the fiscal affairs of the state and of the safekeeping and depositing of all money and securities belonging to or in custody of the state. B. Section 6-10-10 Part C NMSA 1978 provi…

Permanent.