There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 61: Professional and Occupational Licenses
Article 17B: Body Art Safe Practices Act, 61-17B-1 through 61-17B-14
Section 61-17B-12: Use of barbers and cosmetologists fund.
NM Stat § 61-17B-12 (1996 through 1st Sess 50th Legis) What's This?
61-17B-12. Use of barbers and cosmetologists fund.
All license fees and penalties imposed by the board pursuant to the Body Art Safe Practices Act [61-17B-1 NMSA 1978] shall be deposited in the barbers and cosmetologists fund [61-17A-14 NMSA 1978]. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.
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