N.M. Stat. § 21-21K-7

Current through 2024, ch. 69

Section 21-21K-7 - Reports

A. The board shall annually submit to the governor and to the appropriate interim legislative committee a report including:

(1) the board's fiscal transactions during the preceding fiscal year;

(2) the market value of the education trust fund as of the end of the preceding fiscal year;

(3) the asset allocations of the education trust fund expressed in percentages of stocks, fixed income securities, cash or other financial assets; and

(4) the rate of return on the investment of the education trust fund's assets during the preceding fiscal year.

B. The board shall make the report described by Subsection A of this section available to account owners.

NMS § 21-21K-7

Laws 1997, ch. 259, § 7; 1999, ch. 221, § 5; 2014, ch. 76, § 8.

Amended by 2014, c. 76,s. 8, eff. 5/18/2016.