The institutes may enter into cooperative federal-state funding arrangements for the purposes of funding the institutes and their programs. The board of educational finance, or its successor agency, shall annually make recommendations to the legislature for the furtherance of the purposes of the Indian Resources Development Act [21-10-4 to 21-10-9 NMSA 1978]. Appropriations made for the purposes of the Indian Resources Development Act shall be expended only for the benefit of New Mexico residents.
History: Laws 1979, ch. 371, ยง 6.
Structure New Mexico Statutes
Chapter 21 - State and Private Education Institutions
Article 10 - Development of Indian Resources
Section 21-10-2 - Indian resources development program created.
Section 21-10-3 - Contracts with other institutions.
Section 21-10-4 - Short title.
Section 21-10-6 - Indian resources development institutes created.
Section 21-10-7 - Contracts with other institutions.
Section 21-10-8 - Organizational structure and operating policies.
Section 21-10-9 - Cooperative federal-state funding.