Final answer:
The New Mexico Board of Nursing is indeed responsible for creating and updating the New Mexico Nurse Practice Act, which includes state laws to govern nursing practices ensuring public safety and setting professional standards.
Step-by-step explanation:
The statement that the New Mexico Board of Nursing is responsible for creating and updating the New Mexico Nurse Practice Act is True. The Nurse Practice Act is a set of state laws that govern the practice of nursing. The Board enforces these regulations to ensure that nursing practices are safe for the public and to establish standards for the nursing profession. They may periodically update or amend the Act as required to reflect changes in healthcare standards, medical knowledge, and nursing practices.