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§ 27-2-31 NMSA 1978

Judgments and proceeds

1953 Comp., § 13-1-27.4, enacted by Laws 1965, ch. 66, § 4; 1978 Comp., § 27-2-31; 2024, ch. 39, § 81.

Upon final hearing, judgment for the authority shall include all sums expended during the pendency of the action. When the authority recovers judgments under Chapter 27, Article 2 NMSA 1978, it may enforce, compromise or settle the judgments in any way considered by the authority to be in the public interest. Any proceeds of judgments or settlements shall be retained by the authority for its authorized activities and required reimbursements to the federal government.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.