Money collected by a local pink bollworm control committee is not state funds and is not required to be deposited in the state treasury. A local committee shall deposit all money collected in a state chartered bank or other insured depository. Funds collected by local committees shall be held separate from each other. Money remaining after the abolishment of a pink bollworm control district shall be distributed to cotton producers in proportion to the percentage they contributed during the life of the pink bollworm control district.
History: Laws 2001, ch. 13, § 12.
Effective dates. — Laws 2001, ch. 13 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 15, 2001, 90 days after adjournment of the legislature.
Structure New Mexico Statutes
Article 6B - Pink Bollworm Control
Section 76-6B-1 - Short title.
Section 76-6B-2 - Definitions.
Section 76-6B-3 - Department administration.
Section 76-6B-4 - Exemption from Procurement Code and Personnel Act.
Section 76-6B-5 - Establishment of pink bollworm control district.
Section 76-6B-6 - Director; duties and powers.
Section 76-6B-8 - Pink bollworm control committees established; duties and powers.
Section 76-6B-9 - Organic cotton regulations.
Section 76-6B-10 - Agricultural land assessment; enforced collection.
Section 76-6B-11 - Petition for abolishment of a pink bollworm control district.