New Mexico military institute; transfer of budget balances.

  1. Law
  2. New Mexico Statutes
  3. State and Private Education Institutions
  4. New Mexico Military Institute
  5. New Mexico military institute; transfer of budget balances.

Checkout our iOS App for a better way to browser and research.

With the approval of the higher education department, the board of regents of the New Mexico military institute may, each fiscal year, transfer up to five hundred thousand dollars ($500,000) of the institute's budget balances, including existing scholarship endowments, to the Luciano "Lucky" Varela opportunity scholarship fund established to implement the Luciano "Lucky" Varela opportunity scholarship.

History: Laws 2018, ch. 20, § 4.

ANNOTATIONS

Effective dates. — Laws 2018, ch. 20, § 6 made Laws 2018, ch. 20, § 4 effective July 1, 2018.


Download our app to see the most-to-date content.