New Mexico Statutes
Article 3 - Certain State Post-Secondary Schools
Section 21-3-14 - [Resolution of New Mexico highlands university regents.]

That whenever the said board of regents of the New Mexico normal university [New Mexico highlands university], by the affirmative vote of a majority of its members, duly entered in the minutes of said board, shall by resolution determine that it is necessary to erect, alter, improve, furnish or equip any building or buildings, structure or structures at said university, or acquire any land for use thereof, or to retire the whole or any part of any series of bonds previously issued in conformity with law or for any or all of said purposes, said board is hereby empowered and authorized to issue and sell, subject to the terms of this act [21-3-13, 21-3-14, 21-3-16 to 21-3-28 NMSA 1978], building and improvement bonds of said New Mexico normal university [New Mexico highlands university].
History: Laws 1941, ch. 208, § 2; 1941 Comp., § 55-2116; 1953 Comp., § 73-22-16.
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 XII, § 11, as repealed and reenacted on November 8, 1960, changed the name of the New Mexico normal school to the New Mexico western college, which was again changed by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.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 64 Am. Jur. 2d Public Securities and Obligations § 120.
14A C.J.S. Colleges and Universities §§ 4, 10.

Structure New Mexico Statutes

New Mexico Statutes

Chapter 21 - State and Private Education Institutions

Article 3 - Certain State Post-Secondary Schools

Section 21-3-1 - [Names of Las Vegas and Silver City schools.]

Section 21-3-2 - [Use of name "New Mexico highlands university" authorized.]

Section 21-3-3 - Use of name "western New Mexico university" authorized; exceptions.

Section 21-3-4 - [Boards of regents; appointment and qualifications of members; corporate powers.]

Section 21-3-5 - [Election of officers; bond of secretary-treasurer.]

Section 21-3-6 - [Meeting of boards of regents; quorum.]

Section 21-3-7 - [Powers of boards of regents; employment of superintendent or principal and teachers; courses of study; admission; nonresident tuition.]

Section 21-3-8 - [Duties of board officers.]

Section 21-3-9 - [New Mexico highlands university; school of manual training; kindergarten training school.]

Section 21-3-10 - [New Mexico highlands university to be nonsectarian.]

Section 21-3-11 - [Acquisition of land for New Mexico highlands university.]

Section 21-3-12 - [Right of eminent domain by New Mexico highlands university regents unaffected.]

Section 21-3-13 - [Borrowing by New Mexico highlands university for building, land acquisition or bond retirement purposes.]

Section 21-3-14 - [Resolution of New Mexico highlands university regents.]

Section 21-3-15 - Bonds; form; conditions.

Section 21-3-16 - [Sale of New Mexico highlands university bonds; purchase by state treasurer; acceptance by public officials.]

Section 21-3-17 - [Disposition of proceeds of New Mexico highlands university bonds; building and improvement fund; interest and retirement fund; disbursement; sale expenses.]

Section 21-3-18 - [Creation of interest and retirement fund by New Mexico highlands university regents; deposits.]

Section 21-3-19 - [Protection of interest and retirement fund of New Mexico highlands university.]

Section 21-3-20 - [Income of permanent land funds of New Mexico highlands university pledged.]

Section 21-3-21 - [Interest payments for New Mexico highlands university bonds.]

Section 21-3-22 - [Payments to New Mexico highlands university interest and retirement fund by state treasurer.]

Section 21-3-23 - [Series of New Mexico highlands university bonds; restrictions.]

Section 21-3-24 - [Tax exemption of New Mexico highlands university bonds.]

Section 21-3-25 - [Restrictions on use of New Mexico highlands university bond proceeds.]

Section 21-3-26 - [State board of finance approval of New Mexico highlands university bonds.]

Section 21-3-27 - [Lien of New Mexico highlands university bonds.]

Section 21-3-28 - [Refunding bonds issued by New Mexico highlands university.]

Section 21-3-29 - [Eastern New Mexico university; establishment.]

Section 21-3-30 - [Board of regents of eastern New Mexico university; appointment, qualifications and terms of members; powers.]

Section 21-3-31 - [Use of name "eastern New Mexico university" authorized; exceptions.]