New Mexico Statutes

§ 21-12-21 — New Mexico military institute; transfer of budget

New Mexico·Ch. 21 State and Private Education Institutions·Art. 12 New Mexico Military Institute
balances. With the approval of the higher education department, the board of regents of the New Mexico military institute may, each fiscal year, transfer up to five hundred thousand dollars ($500,000) of the institute's budget balances, including existing scholarship endowments, to the Luciano "Lucky" Varela opportunity scholarship fund established to implement the Luciano "Lucky" Varela opportunity scholarship.

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Legislative History

Laws 2018, ch. 20, § 4.

Nearby Sections

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