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Finance Board approves loan to satisfy state judgment
State Finance Board votes to loan 184 418 from its emergency fund to pay a 154 000 judgment owed by Modular Systems and Learning Resources Inc. The money would flow to El Rito School as fiscal agent for the Department of Education, which faces a future appropriation request in the 1978 Legislature. The Board of Education in Ruidoso refused the loan.
MENTIONED IN THIS ARTICLE
Santa Feap
Maxine Gerhart
State Finance Board
Finance Board
Modular Systems and Learning Resources Inc
Little Rock
Ark
New Mexico
el Rito
State Department of Education
Ment of Education
Arkansas
The
Finance Board Action
Department of Education
State Board of Education
Ruidoso
Santa Fe
Board of Education