A. The board of trustees may fix in the land grant-merced bylaws and pay to its members a salary not to exceed two hundred dollars ($200) to any member in one month. The salary as fixed shall be in full as compensation for the duties performed by the board or the individual members within the exterior boundaries of the land grant-merced and for attendance at regularly scheduled meetings. The secretary of the board may be allowed a salary not to exceed two hundred twenty-five dollars ($225) in one month.

B. Board members may be authorized per diem and mileage pursuant to the Per Diem and Mileage Act [10-8-1 to 10-8-8 NMSA 1978].

C. The board of trustees and the treasurer shall keep permanent and legible records capable of audit, and no money or funds shall be paid by the board of trustees or by any person authorized to expend money unless the expenditure is approved by a majority of the board of trustees and is in the form of a written check or in such a form that the date, amount and payee of the transaction are automatically recorded; and the payment is supported by an invoice or receipt.

History: Laws 1907, ch. 42, § 14; Code 1915, § 812; C.S. 1929, § 29-114; Laws 1933, ch. 164, § 5; 1937, ch. 194, § 2; 1941 Comp., § 9-114; 1953 Comp., § 8-1-14; Laws 1979, ch. 184, § 3; 2004, ch. 124, § 15; 2015, ch. 40, § 2.

The 2015 amendment, effective July 1, 2015, placed certain requirements on the expenditure of funds by the board of trustees of a land grant-merced; in Subsection C, after "expend money", deleted "except by written check drawn upon vouchers" and added the remainder of the sentence.

The 2004 amendment, effective July 1, 2004, designated the first two sentences of the former section and part of the third sentence as Subsection A and designated the remainder of the former section as Subsection C, added Subsection B and revised the last sentence of the prior section to designate it as Subsection C and to change "secretary" to "treasurer".

The 1979 amendment added the catchline, substituted "two hundred dollars ($200)" for "fifty dollars ($50.00)" and "one month" for "one year" near the beginning of the section, substituted "two hundred twenty-five dollars ($225)" for "seventy-five dollars ($75.00)" and "one month" for "one year" near the middle of the section and made other minor changes.

Reimbursement for expenses incurred in administration. — This section bars a member of a community land grant board of trustees from recovering reimbursement authorized by the board for expenses incurred in the administration of the land grant. Armijo v. Cebolleta Land Grant, 1987-NMSC-006, 105 N.M. 324, 732 P.2d 426.