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.
History: 1953 Comp., § 11-3-3, enacted by Laws 1978, ch. 128, § 2.
Repeals and reenactments. — Laws 1978, ch. 128, § 2, repealed 11-3-3, 1953 Comp. (former 6-11-3 NMSA 1978), relating to application of money to forest reserve school purposes fund and county road fund, expenditure upon roads and building of roads, and enacted a new section.
Method of distribution provided here is exclusive and must be followed, and school districts of the county must share in the distribution according to that method whether or not forest land is located within their boundaries. 1955 Op. Att'y Gen. No. 55-6224 (decided under former law).
Structure 2021 New Mexico Statutes
Article 11 - Acceptance and Disbursement of United States Funds
Section 6-11-1 - [Funds from forest reserves; acceptance.]
Section 6-11-2 - [Transmission of money to counties.]
Section 6-11-4 - [Officer not to receive compensation; misapplication of funds; penalty; removal.]
Section 6-11-5 - [Taylor Grazing Act funds; distribution.]
Section 6-11-6 - [Farm and range improvement fund; approval of expenditures.]