Final answer:
The NM Nursing Practice Act exists to ensure public health and safety by setting and enforcing standards for nursing practices, thus safeguarding the well-being of the public.
Step-by-step explanation:
The purpose of the NM Nursing Practice Act is primarily to protect public health and safety by regulating the practice of nursing. This involves the development of nursing practice standards and ensuring that those practicing nursing are competent and adhere to professional standards. By doing so, the NM Nursing Practice Act serves as a safeguard for the well-being of the public by ensuring that nurses provide care that meets established safety and ethical guidelines.