New Mexico Statutes

§ 66-3-1019 — Fund created; disposition

New Mexico·Ch. 66 Motor Vehicles·Art. 3 Registration Laws; Security Interests; Anti-Theft
A.The "trail safety fund" is created in the state treasury. The fund is a nonreverting fund and consists of revenues from off-highway motor vehicle registration and user fees, grants and donations. No more than thirty percent of the fund may be used for administrative overhead, and at least fifty percent shall be devoted to law enforcement and education. Income from investment of the fund shall be credited to the fund. The fund shall be administered by the department, and money in the fund is appropriated to the department to carry out the purposes of the Off-Highway Motor Vehicle Act. Expenditures from the fund shall be by warrant of the secretary of finance and administration upon vouchers signed by the director of the department of game and fish or the director's authorized representat

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Legislative History

Laws 2005, ch. 325, § 21; 2009, ch. 53, § 11.

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