2011 New Mexico Statutes
Chapter 21: State and Private Education Institutions
Article 12: New Mexico Military Institute, 21-12-1 through 21-12-17
Section 21-12-13: Fund created.
21-12-13. Fund created.
The "legislative scholarship fund" is created. No money appropriated to the fund or accruing to it through gifts, grants or bequests shall be transferred to another fund. The fund shall not revert at the end of any fiscal year. Any interest earned from investment of the fund shall be credited to the legislative scholarship fund for the purpose of implementing the General Richard T. Knowles legislative scholarship program. Money in the fund is appropriated to the New Mexico military institute.
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