2011 New Mexico Statutes
Chapter 57: Trade Practices and Regulations
Article 3C: Patents and Copyrights, 57-3C-1 through 57-3C-5
Section 57-3C-5: Fund created.


NM Stat § 57-3C-5 (1996 through 1st Sess 50th Legis) What's This?

57-3C-5. Fund created.

The "patent and copyright fund" is created in the state treasury. Income received by the state pursuant to the Patent and Copyright Act shall be deposited in the patent and copyright fund. Money in the patent and copyright fund is appropriated to the economic development department to carry out the provisions of the Patent and Copyright Act. Any unexpended or unencumbered balance remaining in the fund at the end of a fiscal year shall not revert to the general fund.

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