reglab/housing_qa huggingface dataset:
NM Stat § 21-3-16 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-16 - [Sale of New Mexico highlands university bonds; purchase by state treasurer; acceptance by public officials.]

That said bonds may be sold at public or private sale, in the discretion of the board of regents, provided, however, that no sale shall be made for less than the par value of the bonds, plus accrued interest from the last preceding interest date to the date of delivery of said bonds. Before delivery of the bonds to the purchaser all matured interest coupons shall be detached and cancelled. The state treasurer may, with the approval of the state board of finance and other officials whose approval may be required by law for the investment of public funds, purchase such bonds at par and accrued interest to date of delivery of such investment. Such bonds shall be accepted at their par value by all public officials in this state as security for the repayment of all deposits of public monies of this state, or of any county, municipality or public institution thereof, and as security for the faithful performance of any obligations or duty to guarantee the performance of which such officials are now authorized by law to accept a deposit of the bonds of this state or of the United States of America. History: Laws 1941, ch. 208, § 4; 1941 Comp., § 55-2118; 1953 Comp., § 73-22-18. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 64 Am. Jur. 2d Public Securities and Obligations §§ 120, 228, 229, 240, 452, 453, 488. Sale of municipal or other public bonds at less than par or face value, 91 A.L.R. 7, 162 A.L.R. 396.
NM Stat § 21-3-17 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-17 - [Disposition of proceeds of New Mexico highlands university bonds; building and improvement fund; interest and retirement fund; disbursement; sale expenses.]

That the proceeds from the sale of said bonds shall be paid to the secretary and treasurer of the board of regents issuing same, and shall by such secretary and treasurer be placed in a separate fund to be known as "building and improvement fund" to be used and paid out only for the specific purposes in this act [21-3-13, 21-3-14, 21-3-16 to 21-3-28 NMSA 1978] enumerated upon order of the board, or checks signed by the president of the board of regents and by the secretary and treasurer thereof, except such portion thereof as may have been received on account of accrued interest on said bonds to date of delivery, which amount shall be placed in the "interest and retirement fund" for the liquidation of said bonds as hereinafter provided. The cost of preparing, advertising and selling said bonds, including any necessary expense for legal services thereon, shall be paid out of the proceeds of the sale of said bonds. History: Laws 1941, ch. 208, § 5; 1941 Comp., § 55-2119; 1953 Comp., § 73-22-19. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 15A Am. Jur. 2d Colleges and Universities § 33. 14A C.J.S. Colleges and Universities § 14.
NM Stat § 21-3-18 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-18 - [Creation of interest and retirement fund by New Mexico highlands university regents; deposits.]

That the board of regents issuing said bonds, shall, at the time of issuing said bonds, establish for the payment of the principal and interest thereof a fund to be known as "interest and retirement fund" into which fund said board shall immediately place a sum not less than the amount necessary to pay the interest and maturing principal of said bonds for the ensuing twelve months, and annually thereafter shall continue to place in said fund a sufficient amount to pay principal and interest maturing in the succeeding twelve months. History: Laws 1941, ch. 208, § 6; 1941 Comp., § 55-2120; 1953 Comp., § 73-22-20. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 64 Am. Jur. 2d Public Securities and Obligations § 266.
NM Stat § 21-3-19 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-19 - [Protection of interest and retirement fund of New Mexico highlands university.]

That for the faithful and prompt payment of all interest and principal of said bonds as and when the same shall mature according to the tenor thereof, the issue thereof shall constitute an irrevocable pledge by said board of so much of each year's income from the permanent funds of such New Mexico normal university [New Mexico highlands university], so issuing bonds hereunder, in the hands of the treasurer, as shall be needed to provide the "interest and retirement fund" herein mentioned, for the ensuing year, and at all times fully and faithfully to keep the same in not less than the amount necessary to pay the interest and principal maturing as aforesaid; and in addition thereto the issue of said bonds shall constitute an irrevocable pledge by said board of so much of each year's income from the income and current fund derived from the lease of such of said institution's lands as remain unsold, as may be necessary to fully protect the "interest and retirement fund" for the ensuing year, and keep the same at all times in proper amount as herein provided. History: Laws 1941, ch. 208, § 7; 1941 Comp., § 55-2121; 1953 Comp., § 73-22-21. ANNOTATIONSBracketed 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 § 199.
NM Stat § 21-3-20 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-20 - [Income of permanent land funds of New Mexico highlands university pledged.]

That from and after the passage and approval of this act [21-3-13, 21-3-14, 21-3-16 to 21-3-28 NMSA 1978], all permanent funds thereafter derived from the sale or disposition of the lands held in trust for New Mexico normal university [New Mexico highlands university] shall be invested in the same manner as other permanent funds of the state of New Mexico are authorized to be invested, the income from which shall likewise form a part of the pledged income for the payment of principal and interest of bonds issued by the board of regents of the New Mexico normal university [New Mexico highlands university] under the provisions of this act. History: Laws 1941, ch. 208, § 8; 1941 Comp., § 55-2122; 1953 Comp., § 73-22-22. ANNOTATIONSBracketed 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. — 15A Am. Jur. 2d Colleges and Universities § 35. 14A C.J.S. Colleges and Universities § 14.
NM Stat § 21-3-21 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-21 - [Interest payments for New Mexico highlands university bonds.]

That it shall be the duty of the secretary and treasurer of the board of regents of the New Mexico normal university [New Mexico highlands university], where bonds have been issued hereunder, to forward to the bank at which said bonds are payable, prior to the date on which any coupons or any principal amount of any of said bonds shall mature, out of the "interest and retirement fund," a sufficient sum of money to meet said coupons and maturing bonds as the same become due, plus any service charge which said bank shall be entitled to receive for its services. History: Laws 1941, ch. 208, § 9; 1941 Comp., § 55-2123; 1953 Comp., § 73-22-23. ANNOTATIONSBracketed 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 §§ 197, 198. 11 C.J.S. Bonds § 59 et seq.
NM Stat § 21-3-22 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-22 - [Payments to New Mexico highlands university interest and retirement fund by state treasurer.]

That it is hereby made the duty of the state treasurer of the state of New Mexico, upon receiving written notice from the secretary and treasurer of the board of regents of the New Mexico normal university [New Mexico highlands university] that such board has issued bonds as herein provided, forthwith to forward and pay over to the secretary and treasurer of such board out of the income from the permanent funds of such institution, a sum sufficient to make and establish the interest and retirement fund, as herein provided, and annually thereafter to pay over a sufficient amount for said purpose, to the end that said interest and retirement fund shall at all times be kept in the proper amount. In the event there should not be sufficient undistributed income from permanent funds of such institution, then said state treasurer shall use so much of the income and current fund of such institution in his hands as shall be necessary to establish and at all times maintain said interest and retirement fund. History: Laws 1941, ch. 208, § 10; 1941 Comp., § 55-2124; 1953 Comp., § 73-22-24. ANNOTATIONSBracketed 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.
NM Stat § 21-3-23 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-23 - [Series of New Mexico highlands university bonds; restrictions.]

That in the event the board of regents of the New Mexico normal university [New Mexico highlands university] should find it advisable to issue bonds under this act [21-3-13, 21-3-14, 21-3-16 to 21-3-28 NMSA 1978] in more than one series, or at different times, for any or all of the purposes aforesaid, then each series of said bonds shall be designated by the letter "A," "B" or in some other designation, to the end that each series shall be kept separate, and all of the requirements of this act shall apply to and be faithfully followed, done and carried out as to each of said series; provided, however, that the board of regents of the New Mexico normal university [New Mexico highlands university] shall have no power to issue bonds hereunder, the aggregate interest and principal requirements for which, for any year, together with the aggregate principal and interest requirements for all outstanding bonds of such board for such year, shall exceed the amount of the income from the permanent funds and from the aforesaid income and current fund of said New Mexico normal university [New Mexico highlands university], received by the state treasurer for the fiscal year next preceding the fiscal year in which any bonds of such New Mexico normal university [New Mexico highlands university] are authorized to be issued by resolution of the board of regents. History: Laws 1941, ch. 208, § 11; 1941 Comp., § 55-2125; 1953 Comp., § 73-22-25. ANNOTATIONSBracketed 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. — 15A Am. Jur. 2d Colleges and Universities § 35. 14A C.J.S. Colleges and Universities § 14.
NM Stat § 21-3-24 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-24 - [Tax exemption of New Mexico highlands university bonds.]

That bonds issued under the provisions of this act [21-3-13, 21-3-14, 21-3-16 to 21-3-28 NMSA 1978], and the income thereupon being for the sole purposes specified in Section 1 [21-3-13 NMSA 1978] hereof, shall forever be and remain free and exempt from taxation by the state of New Mexico or any subdivision thereof. History: Laws 1941, ch. 208, § 12; 1941 Comp., § 55-2126; 1953 Comp., § 73-22-26. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 71 Am. Jur. 2d State and Local Taxation §§ 495, 526. Constitutional enumeration of subjects of tax exemption as affecting power of legislature to free government securities or property from taxation, 9 A.L.R. 436. 84 C.J.S. Taxation § 260.
NM Stat § 21-3-25 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-25 - [Restrictions on use of New Mexico highlands university bond proceeds.]

That none of the funds derived from the sale of bonds issued under the provisions of this act [21-3-13, 21-3-14, 21-3-16 to 21-3-28 NMSA 1978], except so much thereof as shall be necessary to defray the costs of the issuance thereof and the accrued interest from the date thereof to the time of delivery, shall ever be used or expended for any purpose other than those for which authority to issue the same by this act is given. History: Laws 1941, ch. 208, § 13; 1941 Comp., § 55-2127; 1953 Comp., § 73-22-27. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. 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 § 14.
NM Stat § 21-3-26 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-26 - [State board of finance approval of New Mexico highlands university bonds.]

That no bonds shall be finally issued and sold under the provisions of this act [21-3-13, 21-3-14, 21-3-16 to 21-3-28 NMSA 1978] until the approval of such issue shall have been had by the majority vote of the state board of finance in a regular or called meeting. History: Laws 1941, ch. 208, § 14; 1941 Comp., § 55-2128; 1953 Comp., § 73-22-28. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 21-3-27 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-27 - [Lien of New Mexico highlands university bonds.]

All bonds of the same issue under this act [21-3-13, 21-3-14, 21-3-16 to 21-3-28 NMSA 1978] shall have a prior and paramount lien upon the income from the permanent funds and upon the income and current fund of the institution by which said bonds were issued, under and ahead of all bonds of any series secured by a pledge of said income, and said fund which may be subsequently authorized and over and ahead of all other claims or obligations of any nature against said income and said fund subsequently arising or subsequently incurred. All bonds of the [same] payment series issued under this act shall be equally and ratably secured without priority by reason of number, date of bonds, sale, execution or delivery, by a lien on said income and said fund in accordance with this act. History: Laws 1941, ch. 208, § 15; 1941 Comp., § 55-2129; 1953 Comp., § 73-22-29. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not a part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 51 Am. Jur. 2d Liens and Encumbrances § 5. 53 C.J.S. Liens §§ 4 to 17.
NM Stat § 21-3-28 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-28 - [Refunding bonds issued by New Mexico highlands university.]

That where bonds heretofore issued by New Mexico normal university [New Mexico highlands university] are held by the state treasurer and which were purchased with the permanent funds of such institution and held for its account, and which by their terms are not now subject to call for the retirement or refunding, the board of regents of New Mexico normal university [New Mexico highlands university], with the approval of the state finance board, may refund such bonds under the provisions of this act [21-3-13, 21-3-14, 21-3-16 to 21-3-28 NMSA 1978] by the issuance of refunding bonds for such time and at a rate of interest not exceeding the interest provided in the original issue as may be determined by such board of regents. History: Laws 1941, ch. 208, § 16; 1941 Comp., § 55-2130; 1953 Comp., § 73-22-30. ANNOTATIONSBracketed 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 §§ 261 to 269.
NM Stat § 21-3-29 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-29 - [Eastern New Mexico university; establishment.]

Pursuant to Section 12 of Article XII of the constitution of New Mexico, there is hereby created, located and established at Portales, Roosevelt county, New Mexico, the institution of learning to be known as the eastern New Mexico normal school [eastern New Mexico university]; said normal school shall be entitled to all of the benefits accruing from the provision of the constitution aforesaid, and shall be the normal school which the legislature is required to locate and establish in one of the following counties: Union, Quay, Curry, Roosevelt, Chaves or Eddy. History: Laws 1927, ch. 9, § 1; C.S. 1929, § 120-1903; 1941 Comp., § 55-2134; 1953 Comp., § 73-22-35. ANNOTATIONSBracketed 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 tuition of nonresident students, see 21-1-2 NMSA 1978. Am. Jur. 2d, A.L.R. and C.J.S. references. — 14A C.J.S. Colleges and Universities §§ 35, 37, 38.
NM Stat § 21-3-31 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 3 - Certain State Post-Secondary Schools|Section 21-3-31 - [Use of name "eastern New Mexico university" authorized; exceptions.]

For all purposes excepting suits, state lands, funds and appropriations the name "eastern New Mexico university" is hereby authorized for use in lieu of the name eastern New Mexico normal school. History: 1953 Comp., § 73-22-37, enacted by Laws 1955, ch. 38, § 1. ANNOTATIONSBracketed 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. — 14A C.J.S. Colleges and Universities § 9.