N.M. Stat. § 20-14-2
Fund created.
The "national guard death benefit fund" is created in the state treasury and shall be
administered by the department of military affairs. The fund shall consist of all gifts,
donations and bequests of money to the fund as well as any appropriations made to the
fund. Earnings from investment of the fund shall be credited to the fund. Money in the
fund is appropriated to the department of military affairs for the purpose of paying death
benefits pursuant to the National Guard Death Benefit Act and shall be paid out only
upon warrants issued by the secretary of finance and administration pursuant to
vouchers signed by the adjutant general. Any unexpended or unencumbered balance
remaining in the fund at the end of any fiscal year shall not revert.