|
New Mexico Land Grant Permanent Fund
The New Mexico Land Grant Permanent Fund (LGPF) is a sovereign wealth fund that provides revenues to New Mexico's public schools and universities, among other special beneficiaries. Its assets include mineral rights throughout the state. It is one of the largest sovereign wealth funds in the United States, managing more than $28.65 billion in total assets. It is the largest of New Mexico's sovereign wealth funds. Management The fund is managed by the New Mexico State Investment Council. The council is made up of certain members of the Government of New Mexico, who serve on an ex-officio basis, and public members appointed alternately by the Governor of New Mexico and New Mexico Legislature. Public members serve for five years and must be confirmed by the New Mexico Senate. Members may be re-appointed if the governor or legislature decide to do so, History In 1893, the government of the United States passed the Ferguson Act, giving the New Mexico Territory lands meant ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Wealth Fund
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Mexico Commissioner Of Public Lands
The New Mexico Commissioner of Public Lands is an elected constitutional officer in the executive branch in charge of managing all state lands and mineral rights, as well as overseeing leases and royalties on state land, in the U.S. state of New Mexico. The Commissioner of Public Lands is elected to a four-year term and is able to serve up to two consecutive terms; more terms may be served after one full term has intervened. Currently, Stephanie Garcia Richard Stephanie M. Garcia Richard is an American politician and currently serves as the New Mexico Commissioner of Public Lands. Garcia Richard previously served as a member of the New Mexico House of Representatives from January 2013 through December ... is serving as Commissioner of Public Lands. She took office on January 1, 2019. List of Commissioners of Public Lands Notes References External linksNew Mexico State Land Office [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal History Of New Mexico
Law is a set of rules that are created and are law enforcement, enforceable by social or governmental institutions to regulate behavior,Robertson, ''Crimes against humanity'', 90. with its precise definition a matter of longstanding debate. It has been variously described as a Social science#Law, science and as the art of justice. State-enforced laws can be made by a group legislature or by a single legislator, resulting in statutes; by the executive through decrees and regulations; or established by judges through precedent, usually in common law jurisdictions. Private individuals may create legally binding contracts, including arbitration agreements that adopt Alternative dispute resolution, alternative ways of resolving disputes to standard court litigation. The creation of laws themselves may be influenced by a constitution, written or tacit, and the rights encoded therein. The law shapes politics, economics, history and society in various ways and serves as a mediator of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
