STATE STATUTES & CODES
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NEW MEXICO STATUTES AND CODES
Section 6-11-3 - Application of money to forest reserve school purposes fund and county road fund; expenditure upon roads; building of roads.
6-11-3. Application of money to forest reserve school purposes fund and county road fund; expenditure upon roads; building of roads.
A. Money received under Section 6-11-2 NMSA 1978 shall be applied in the different counties to which it is transmitted as follows:
(1) one-half to the credit of the forest reserve school purposes fund, hereby created; and
(2) one-half to the credit of the county road fund.
B. One-half of the money accruing to any county and duly remitted to the county treasurer to be credited to the county road fund under Subsection A of this section may be expended by the board of county commissioners upon roads within forest reserves in those counties and upon those other roads in the counties deemed by the boards of county commissioners to be necessary or convenient to the public.