At least four times a year, the board shall meet upon the call of its chair to take all action necessary or proper for the administration of the Children's Trust Fund Act. The board shall also approve or disapprove proposals submitted and shall base its decision on the proposals' merit and feasibility, the best interest of the beneficiaries of the children's project or program proposals and the capacity of the children's projects' or programs' success or failure for evaluation.
§ 24-19-7 NMSA 1978
Duties of the board
Known as the Children's Trust Fund Act
The act spans §§ 24–24 (11 sections).
Laws 1986, ch. 15, § 7; 2005, ch. 65, § 6; 2013, ch. 25, § 5.
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.