New Mexico Statutes Chapter 21. State and Private Education Institutions § 21-1-52. State educational institutions;  boards of regents and governing boards mandatory training

(1) two hours covering the provisions of the constitution of New Mexico and state law pertaining to state educational institutions and related post-secondary education matters;

(2) two hours covering financial management, budgeting and fiduciary duties;

(3) two hours covering student success and student support services;

(4) two hours covering institutional governance, innovation, best practices and available federal, state and nongovernmental resources to assist the boards of regents and members of the boards;  and

(5) two hours covering ethics and state law regarding ethics oversight and public accountability, including the Procurement Code, the Open Meetings Act, the Gift Act and the Inspection of Public Records Act.

(1) develop and provide the ten hours of training to all members of the boards of regents and governing boards;  and

(2) monitor and maintain a record of each member's compliance with this section.