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Home » US Law » 2021 New Mexico Statutes » Chapter 59A - Insurance Code » Article 53 - Fire Protection Fund

Section 59A-53-7 – Distribution of fire protection fund.

A. Based on periodic allotments approved by the marshal, the state treasurer shall distribute from the money in the fire protection fund, to each municipality and county fire district, the amount that the marshal or the secretary of homeland security and emergency management has certified to the state treasurer. Payment shall be made to the […]

Section 59A-53-8 – Expenditure of fire protection fund money.

Money distributed from the fire protection fund to a municipality or to a county fire district: A. may be expended only for the: (1) maintenance of its fire department; (2) purchase or refinance of land for its fire stations and substations; (3) purchase, refinance, construction, maintenance, repair and operation of its fire stations and substations; […]

Section 59A-53-9 – Limitations on expenditures.

No amount so distributed from the fire protection fund to a municipality or to any county fire district shall be expended in connection with the construction, purchase or equipment of any fire station or substation in addition to those existing upon the date of distribution by the state treasurer, during the year following such distribution, […]