A. The commission may charter a “New Mexico school for the arts” as a statewide residential state-chartered charter school for grades nine through twelve to offer intensive preprofessional instruction in the performing and visual arts combined with a strong academic program that leads to a New Mexico diploma of excellence.

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B. The school and the board are subject to all the provisions of the Charter Schools Act [N.M. Stat. Ann. Chapter 22, Article 8B], except Subsection K of Section 22-8B-4 N.M. Stat. Ann. and Section 22-8B-4.1 N.M. Stat. Ann.. The school shall not charge tuition, except as otherwise provided in the Public School Code [N.M. Stat. Ann. Chapter 22]. The school shall be supported by state funds in the same manner as other charter high schools authorized by the commission.