New Mexico Statutes Chapter 6. Public Finances § 6-34-7. Rulemaking; board

A. establish procedures for applying and qualifying for enterprise assistance;

B. establish economic development goals for the state in consultation with the department;

C. govern the application procedures and requirements for enterprise assistance;

D. determine how to select and prioritize applications for enterprise assistance to be funded by the authority; and

E. provide safeguards to protect public money and other public resources subject to the Opportunity Enterprise Act.