2011 New Mexico Statutes
Chapter 60: Business Licenses
Article 15: Hoisting Operators Safety, 60-15-1 through 60-15-15
Section 60-15-15: Hoisting Operators Safety Act fund created; purpose; appropriation.


NM Stat § 60-15-15 (1996 through 1st Sess 50th Legis) What's This?

60-15-15. Hoisting Operators Safety Act fund created; purpose; appropriation.

A. The "Hoisting Operators Safety Act fund" is created in the state treasury. The fund shall consist of legislative appropriations to the fund; fees charged by the department pursuant to the Hoisting Operators Safety Act; gifts, grants, donations and bequests to the fund; and income from investment of the fund. Money in the fund shall not revert to any other fund at the end of a fiscal year.

B. The fund shall be administered by the department, and money in the fund is appropriated to the department for the purpose of carrying out the provisions of the Hoisting Operators Safety Act. Expenditures from the fund shall be made on warrants drawn by the secretary of finance and administration pursuant to vouchers signed by the superintendent or the superintendent's authorized representative.

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