Section 73-18-36 - Compensation of directors.

NM Stat § 73-18-36 (2019) (N/A)
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Each director shall receive compensation payable out of the funds of the district in an amount to be determined by the board of directors of the district; provided that no director may receive an increase in compensation during the term for which that director was elected.

History: 1953 Comp., § 75-32-36, enacted by Laws 1955, ch. 281, § 12; 2011, ch. 72, § 6.

The 2011 amendment, effective June 17, 2011, authorized the board of directors to determine the compensation of directors and prohibited directors from increasing their compensation during their term of office.