§ 75-7-1 Short title
§ 75-7-2 Natural resources trustee; office of natural resources trustee
§ 75-7-3 Natural resources trustee powers and duties
§ 75-7-4 Natural resources damage; liability; awards for damages
§ 75-7-5 Natural resources trustee fund

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Terms Used In New Mexico Statutes > Chapter 75 > Article 7 - Natural Resources Trustee

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • 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.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Trustee: A person or institution holding and administering property in trust.