New Mexico Statutes
Article 24C - Interior Designers
Section 61-24C-16 - Fund established; disposition; method of payment. (Repealed effective July 1, 2024.)

A. There is created the "interior design board fund".
B. All funds received by the board and money collected under the Interior Designers Act shall be deposited with the state treasurer. The state treasurer shall credit the money to the interior design board fund.
C. Payments out of the interior design board fund shall be on vouchers issued by the secretary-treasurer of the board upon warrants drawn by the department of finance and administration in accordance with the budget approved by that department.
D. All amounts paid to the interior design board fund are subject to appropriation by the legislature and shall be used only for meeting necessary expenses incurred in executing the provisions and duties of the Interior Designers Act and for promoting interior design education and standards in the state. All money unused at the end of any fiscal year shall remain in the interior design board fund for use in accordance with the provisions of that act.
History: Laws 1989, ch. 53, § 16; 2007, ch. 245, § 10.
Delayed repeals. — For delayed repeal of this section, see 61-24C-17 NMSA 1978.
The 2007 amendment, effective June 15, 2007, provides that all funds paid to the board are subject to appropriation by the legislature.

Structure New Mexico Statutes