2021 New Mexico Statutes
Chapter 61 - Professional and Occupational Licenses
Article 28B - 1999 Public Accountancy Act
Section 61-28B-1 - Short title. (Repealed effective July 1, 2024.)

Chapter 61, Article 28B NMSA 1978 may be cited as the "1999 Public Accountancy Act".

History: Laws 1999, ch. 179, § 1.; 2007, ch. 219, § 1.

The 2007 amendment, effective June 15, 2007, changes the statutory reference the act.

Delayed repeals. — For delayed repeal of this section, see 61-28B-29 NMSA 1978.

Funds collected to be deposited with state treasurer. — All funds collected by the state board of public accountancy under authority of this article (now Chapter 61, Article 28, NMSA 1978) are public funds which must be deposited with the state treasurer. N.M. State Bd. of Pub. Accountancy v. Grant, 1956-NMSC-068, 61 N.M. 287, 299 P.2d 464 (decided under prior law).

Contributions withdrawn only through appropriations by legislature upon warrants. — Although there may be no language in any statute conferring upon the state board of public accountancy authority to solicit members of its profession to make voluntary contributions, once such contributions are deposited in the state treasury, where they become commingled with other funds of the board, they can only be withdrawn through appropriations made by the legislature upon warrants drawn by the proper officer. N.M. State Bd. of Pub. Accountancy v. Grant, 1956-NMSC-068, 61 N.M. 287, 299 P.2d 464 (decided under prior law).

Am. Jur. 2d, A.L.R. and C.J.S. references. — 1 Am. Jur. 2d Accountants § 1 et seq.

Regulation of accountants, 70 A.L.R.2d 433, 4 A.L.R.4th 1201.

Application of statute of limitations to actions for breach of duty in performing services of public accountant, 7 A.L.R.5th 852.

1 C.J.S. Accountants § 4 et seq.