New Mexico Statutes
§ 21-1-27.5 — Adult basic education fund created
New Mexico § 21-1-27.5
JurisdictionNew Mexico
Ch. 21State and Private Education Institutions
Art. 1General Provisions Relating to State Educational
This text of New Mexico § 21-1-27.5 (Adult basic education fund created) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 21-1-27.5 (2026).
Text
The "adult basic education fund" is created in the state treasury. Money in the fund is appropriated to the commission on higher education [higher education department] for the purpose of funding adult basic education programs for educationally disadvantaged adults. Money in the fund shall be distributed by the commission [department] pursuant to an equitable formula established by the commission [department] in consultation with representatives from the adult basic education administrative sites. Any unexpended or unencumbered balance remaining in the fund at the end of each fiscal year shall revert to the general fund.
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Legislative History
Laws 1995, ch. 56, § 1; 2003, ch. 394, § 3; § 22-8-30.1, recompiled as § 21-1-
Nearby Sections
15
§ 21-1-10
Delegation of authority§ 21-1-11
[Allocation of funds.]§ 21-1-12
[Annual reports; contents.]§ 21-1-19
[Oaths of board members; filing.]Cite This Page — Counsel Stack
Bluebook (online)
New Mexico § 21-1-27.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/21/21-1-27.5.