A. The amount of salaries and fees to be paid by the board shall be fixed by the regulations of the board.
B. Salaries and fees paid, and all other necessary expenditures of the board, shall be paid out of the fund unless otherwise provided by law.
§ 22-11-10 NMSA 1978
Salaries; fees; expenditures
Known as the Educational Retirement Act
The act spans §§ 22–22 (71 sections).
1953 Comp., § 77-9-10, enacted by Laws 1967, ch. 16, § 134.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.