2006 New Mexico Statutes - Section 61-9A-25 — Fund created — (Repealed effective July 1, 2016.)

61-9A-25. Fund created. (Repealed effective July 1, 2016.)

A.     There is created in the state treasury the "counseling and therapy practice board fund".   

B.     All money received by the board under the Counseling and Therapy Practice Act [Chapter 61, Article 9A NMSA 1978] shall be deposited with the state treasurer for credit to the counseling and therapy practice board fund.  The state treasurer shall invest the fund as all other state funds are invested and income from investment of the fund shall be credited to the fund. Balances in the fund remaining at the end of any fiscal year shall not revert to the general fund.   

C.     Money in the counseling and therapy practice board fund is appropriated to the board and shall be used for the purpose of carrying out the provisions of the Counseling and Therapy Practice Act [Chapter 61, Article 9A NMSA 1978].