2021 New Mexico Statutes
Article 3 - Certain State Post-Secondary Schools
Section 21-3-13 - [Borrowing by New Mexico highlands university for building, land acquisition or bond retirement purposes.]

That for the purpose of erecting, altering, improving, furnishing and equipping any necessary buildings or structures at the New Mexico normal university [New Mexico highlands university], or acquiring any necessary land for the use of said institution, or for retiring the whole or any part of any series bonds, previously issued by said institution under the provisions of law or for any or all of such purposes, the board of regents or directors of the New Mexico normal university [New Mexico highlands university] is hereby authorized to borrow money for such purposes in conformity with the terms of this act [21-3-13 to 21-3-28 NMSA 1978].
History: Laws 1941, ch. 208, § 1; 1941 Comp., § 55-2115; 1953 Comp., § 73-22-15.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
N.M. Const., art. XII, § 11, as repealed and reenacted on November 8, 1960, changed the name of the New Mexico normal school to the New Mexico western college, which was again changed by constitutional amendment of November 3, 1964, to western New Mexico university. See 21-3-3 NMSA 1978. That constitutional provision also changed the name of New Mexico normal university to New Mexico highlands university. See 21-3-2 NMSA 1978.
Cross references. — For authority of state treasurer to purchase bonds, see 6-13-6 NMSA 1978.
For regulations concerning sale of bonds, see 6-13-6 NMSA 1978.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 15A Am. Jur. 2d Colleges and Universities § 35.
14A C.J.S. Colleges and Universities § 17.

Structure 2021 New Mexico Statutes