New Mexico § 61-3-27 - Fund established; disposition; method of payment
Full text of New Mexico New Mexico Statutes Annotated § 61-3-27 — Fund established; disposition; method of payment, with citation guidance and answers to common questions.
§ 61-3-27. Fund established; disposition; method of payment
A. There is created a “board of nursing fund”. B. Except as provided in Sections 61-3-10.5 and 61-3-10.6 NMSA 1978 , all funds received by the board and money collected under the Nursing Practice Act
and the Lactation Care Provider Act shall be deposited with the state treasurer. The state treasurer shall place the money to the credit of the board of nursing
fund. Any income earned on investment of the fund shall remain in the fund. C. Payments out of the board of nursing fund shall be on vouchers issued and signed
by the person designated by the board upon warrants drawn by the department of finance
and administration in accordance with the budget approved by the department. D. All amounts paid into the board of nursing fund shall be subject to the order of
the board and shall only be used for the purpose of meeting necessary expenses incurred
in the enforcement of the purposes of the Nursing Practice Act and the Lactation Care
Provider Act, the duties imposed by those acts and the promotion of nursing and lactation
care provider education and standards in this state. All money unused at the end of the fiscal year shall remain in the board of nursing
fund for use in accordance with the provisions of the Nursing Practice Act and the
Lactation Care Provider Act to further the purposes of those acts. E. All funds that may have accumulated to the credit of the board under any previous
act shall be continued for use by the board in administration of the Nursing Practice
Act and the Lactation Care Provider Act. F. As used in this section, “ lactation care provider ” means a person licensed by the board pursuant to the Lactation Care Provider Act
to provide lactation care and services.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 61-3-27
What does New Mexico Statutes Annotated § 61-3-27 cover?
Section 61-3-27 ("Fund established; disposition; method of payment") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 61-3-27?
A common citation format is "New Mexico Statutes Annotated § 61-3-27" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 61-3-27 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.