§ 20-8-1 Creation; composition
§ 20-8-2 Definitions
§ 20-8-3 Powers and responsibilities
§ 20-8-4 Local armory boards; members
§ 20-8-5 State armory board fund
§ 20-8-6 State armory board building and improvement bonds
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Terms Used In New Mexico Statutes > Chapter 20 > Article 8 - Armories

  • Contract: A legal written agreement that becomes binding when signed.
  • Ex officio: Literally, by virtue of one's office.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.