New Mexico Statutes

§ 22-23A-8 — Fund created

New Mexico § 22-23A-8
JurisdictionNew Mexico
Ch. 22Public Schools
Art. 23AIndian Education

This text of New Mexico § 22-23A-8 (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. § 22-23A-8 (2026).

Text

A.The "Indian education fund" is created in the state treasury. The fund consists of appropriations, gifts, grants and donations and income from investment of the fund. Money in the fund shall not revert. The fund shall be administered by the department, and money in the fund is appropriated to the department to distribute awards to support the Indian Education Act.
B.The department shall ensure that funds appropriated from the Indian education fund shall be used for the purposes stated in the Indian Education Act and shall not be used to correct for previous reductions of program services.
C.The department shall develop procedures and rules for the award of money from the fund. Disbursement of the fund shall be made by warrant of the department of finance and administration pursuant to

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Legislative History

Laws 2003, ch. 151, § 8; 2007, ch. 295, § 7; 2007, ch. 296, § 7.

Nearby Sections

15
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Bluebook (online)
New Mexico § 22-23A-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/22/22-23A-8.