STATE STATUTES & CODES
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NEW MEXICO STATUTES AND CODES
Section 61-31-16 - Fund established. (Repealed effective July 1, 2016.)
61-31-16. Fund established. (Repealed effective July 1, 2016.)
A. There is created in the state treasury the "board of social work examiners fund".
B. All money received by the board under the Social Work Practice Act [61-31-1 NMSA 1978] shall be deposited with the state treasurer for credit to the fund. The state treasurer shall invest the fund as other state funds are invested, and all income derived from investment of the fund shall be credited to the fund. All balances in the fund shall remain in the fund and shall not revert to the general fund.
C. Money in the fund is appropriated to the board and shall be used only for the purpose of meeting the necessary expenses incurred in carrying out the provisions of the Social Work Practice Act.