2021 New Mexico Statutes
Chapter 61 - Professional and Occupational Licenses
Article 32 - Funeral Services
Section 61-32-26 - Fund established. (Repealed effective July 1, 2024.)

Universal Citation: NM Stat § 61-32-26 (2021)

A. There is created in the state treasury the "funeral services fund".

B. All fees and costs received or collected by the board or the department pursuant to provisions of the Funeral Services Act shall be deposited with the state treasurer for credit to the funeral services fund. The state treasurer shall invest the fund as other state funds are invested. All balances in the fund at the end of any fiscal year shall remain in the fund and shall not revert to the general fund.

C. Money in the funeral services fund is appropriated to the board and shall be used only for the purpose of carrying out the provisions of the Funeral Services Act.

History: Laws 1993, ch. 204, § 26; 1999, ch. 284, § 19; 2012, ch. 48, § 19; 2017, ch. 52, § 18.

ANNOTATIONS

Delayed repeals. — For delayed repeal of this section, see 61-32-31 NMSA 1978.

The 2017 amendment, effective June 16, 2017, specified that fees and costs collected by the board of funeral services or the department of regulation and licensing pursuant to provisions of the Funeral Services Act be deposited with the state treasurer for credit to the funeral services fund; in Subsection B, after "All", deleted "money" and added "fees and costs".

The 2012 amendment, effective July 1, 2012, changed the name of the act and the thanatopractice fund; in Subsection A, after "state treasury the", deleted "thanatopractice" and added "funeral services"; in Subsection B, after "provisions of the", deleted "Thanatopractice" and added "Funeral Services" and after "credit to the", deleted "thanatopractice" and added "funeral services"; and in Subsection C, after "Money in the", deleted "thanatopractice" and added "funeral services" and after "provisions of the", deleted "Thanatopractice" and added "Funeral Services".

The 1999 amendment, effective June 18, 1999, in Subsection B, substituted "or collected by the board or the department pursuant to provisions of" for "by the board under" in the first sentence, and inserted "at the end of any fiscal year" in the last sentence; and deleted "meeting the necessary expenses incurred in" following "purpose of" in Subsection C.

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