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    • Legislation USA
    • New Mexico Statutes
    • Chapter 21 - State and Private Education Institutions
    • Article 30 - University Athletic Facility Funding Act

    New Mexico Statutes
    Chapter 21 - State and Private Education Institutions
    Article 30 - University Athletic Facility Funding Act

    Section 21-30-1 - Short title. - Sections 2 through 11 [21-30-1 to 21-30-10 NMSA 1978] of...

    Section 21-30-2 - Definitions. - As used in the University Athletic Facility Funding Act: A....

    Section 21-30-3 - Issuance of bonds. - A. With the approval of the higher education department and...

    Section 21-30-4 - Athletic facility revenue bonds; full authority to issue; bonds are legal investments. - A. The University Athletic Facility Bonding Act shall, without reference...

    Section 21-30-5 - Bonds tax exempt. - All athletic facility revenue bonds shall be exempt from taxation...

    Section 21-30-6 - Authorization of surcharge and other fees; use of proceeds; transfer. - A. The board may establish by resolution an athletic facility...

    Section 21-30-7 - Collection of athletic facility surcharge; remittance to university. - A. Upon the sale of a product or service subject...

    Section 21-30-8 - Audits. - The board shall provide by resolution a method to audit...

    Section 21-30-9 - Enforcement; penalties. - A. An action to enforce the imposition and collection of...

    Section 21-30-10 - Liberal interpretation. - The University Athletic Facility Funding Act shall be liberally construed...

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