2021 New Mexico Statutes
Chapter 21 - State and Private Education Institutions
Article 21A - Educational Assistance

Section 21-21A-1 - Short title. - Chapter 21, Article 21A NMSA 1978 may be cited as...

Section 21-21A-2 - Repealed. - History: Laws 1981, ch. 319, § 2; 2005, ch. 201,...

Section 21-21A-3 - Definitions. - As used in the Educational Assistance Act: A. "bond" means...

Section 21-21A-4 - Repealed. - History: Laws 1981, ch. 319, § 4; 1989, ch. 19,...

Section 21-21A-5 - Nonprofit foundation authorized; purpose. - A majority of the four-year institutions of higher education may...

Section 21-21A-6 - Foundation; board of directors; members; terms; meetings; bylaws. - A. The foundation shall be governed by and all of...

Section 21-21A-7 - Foundation powers. - The foundation may from time to time issue negotiable bonds...

Section 21-21A-8 - Issuance of revenue bonds. - The foundation may from time to time issue negotiable revenue...

Section 21-21A-9 - Status of bonds. - A. Bonds and other obligations issued under the provisions of...

Section 21-21A-10 - Refunding bonds. - The board of directors of the foundation may by resolution...

Section 21-21A-11 - Trust agreements authorized. - In the discretion of the foundation, any bonds issued under...

Section 21-21A-12 - Pledge of assets or revenues of foundation. - The pledge of any assets or revenues of the foundation...

Section 21-21A-13 - All money received deemed trust funds. - Notwithstanding any other provisions of law, all money received by...

Section 21-21A-14 - Rights of holders of bonds. - Any holder of bonds issued under the provisions of the...

Section 21-21A-15 - Legal investments; tax exemption. - All bonds issued by the foundation under the Educational Assistance...

Section 21-21A-16 - Annual report and audit. - A. The foundation shall, promptly following the close of each...

Section 21-21A-17 - Repealed. - History: Laws 1981, ch. 319, § 17; 1988, ch. 124,...

Section 21-21A-18 - Repealed. - History: Laws 1981, ch. 319, § 18; 2005, ch. 201,...

Section 21-21A-19 - Gifts by persons, corporations, institutions and associations. - A. Any person or domestic corporation or association organized for...

Section 21-21A-20 - Repealed. - History: Laws 1981, ch. 319, § 20; repealed by Laws...

Section 21-21A-21 - Dissolution of foundation. - Upon termination or dissolution, all rights and properties of the...

Section 21-21A-22 - Agreement with the state. - The state does hereby pledge to and agree with the...

Section 21-21A-23 - Repealed. - History: Laws 1981, ch. 319, § 23; repealed by Laws...

Section 21-21A-24 - Educational assistance; foundation activities not affected by repeal. - The repeal of sections or parts of sections of the...

Section 21-21A-25 - Educational assistance; nonprofit corporation status not affected by repeal. - The repeal of sections or parts of sections of the...