Final answer:
The New Mexico Board of Nursing is indeed responsible for updating the New Mexico Nurse Practice Act, reflecting the regulatory role of such boards in ensuring the application of current nursing practices and maintaining public health standards.
Step-by-step explanation:
The statement that the New Mexico Board of Nursing is responsible for updating the New Mexico Nurse Practice Act is True. The New Mexico Board of Nursing is the regulatory body that ensures nurses comply with defined standards of practice, which includes the responsibility for updating regulations, standards, and the Nurse Practice Act to reflect current practices and new developments in healthcare. These updates are necessary to maintain patient safety, nurse competencies, and overall public health services.