The "students with disabilities scholarship fund" is created as a nonreverting fund in the state treasury. The fund consists of appropriations, gifts, grants, donations and income from investment of the fund. The department shall administer the fund and, subject to appropriation by the legislature, shall provide scholarships to students with disabilities as provided in the Students with Disabilities Scholarship Act. Expenditures from the fund shall be by warrant of the secretary of finance and administration pursuant to vouchers signed by the secretary or the secretary's authorized representative.
History: Laws 2007, ch. 75, § 7 and Laws 2007, ch. 76, § 7.
Compiler's notes. — Laws 2007, ch. 75, § 7 and Laws 2007, ch. 76, § 7 enacted identical provisions, effective June 15, 2007.
Structure 2021 New Mexico Statutes
Chapter 21 - State and Private Education Institutions
Article 21M - Students with Disabilities Scholarship Act
Section 21-21M-1 - Short title.
Section 21-21M-2 - Purpose of act.
Section 21-21M-3 - Definitions.
Section 21-21M-4 - Conditions for eligibility and qualification; awards.
Section 21-21M-5 - Duration of scholarship.
Section 21-21M-6 - Termination of scholarship.