reglab/housing_qa huggingface dataset:
NM Stat § 53-7-26 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-26 - Repealed.

History: Laws 1983, ch. 312, § 9; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-26 NMSA 1978, as enacted by Laws 1983, ch. 312, § 9, relating to board of directors, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-27 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-27 - Repealed.

History: Laws 1983, ch. 312, § 10; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-27 NMSA 1978, as enacted by Laws 1983, ch. 312, § 10, relating to board of directors elections, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-28 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-28 - Repealed.

History: Laws 1988, ch. 30, § 1; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-28 NMSA 1978, as enacted by Laws 1988, ch. 30, § 1, relating to limitation of liability, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-29 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-29 - Repealed.

History: Laws 1983, ch. 312, § 12; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-29 NMSA 1978, as enacted by Laws 1983, ch. 312, § 12, relating to authorized capital stock, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-30 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-30 - Repealed.

History: Laws 1983, ch. 312, § 13; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-30 NMSA 1978, as enacted by Laws 1983, ch. 312, § 13, relating to stockholders' exceptions from other laws, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-31 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-31 - Repealed.

History: Laws 1983, ch. 312, § 14; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-31 NMSA 1978, as enacted by Laws 1983, ch. 312, § 14, relating to application for membership, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-32 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-32 - Repealed.

History: Laws 1983, ch. 312, § 15; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-32 NMSA 1978, as enacted by Laws 1983, ch. 312, § 15, relating to duration of membership, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-33 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-33 - Repealed.

History: Laws 1983, ch. 312, § 16; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-33 NMSA 1978, as enacted by Laws 1983, ch. 312, § 16, relating to loans to corporation by members, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-34 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-34 - Repealed.

History: Laws 1983, ch. 312, § 17; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-34 NMSA 1978, as enacted by Laws 1983, ch. 312, § 17, relating to powers of stockholders and members, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-35 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-35 - Repealed.

History: Laws 1983, ch. 312, § 18; 2001, ch. 200, § 34; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-35 NMSA 1978, as enacted by Laws 1983, ch. 312, § 18, relating to amendment of articles of incorporation, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-36 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-36 - Repealed.

History: Laws 1983, ch. 312, § 19; 2001, ch. 200, § 35; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-36 NMSA 1978, as enacted by Laws 1983, ch. 312, § 19, relating to legislative amendments, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-37 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-37 - Repealed.

History: Laws 1983, ch. 312, § 20; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-37 NMSA 1978, as enacted by Laws 1983, ch. 312, § 20, relating to earned surplus, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-38 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-38 - Repealed.

History: Laws 1983, ch. 312, § 21; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-38 NMSA 1978, as enacted by Laws 1983, ch. 312, § 21, relating to depositories for funds, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-39 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-39 - Repealed.

History: Laws 1983, ch. 312, § 22; 2001, ch. 200, § 36; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-39 NMSA 1978, as enacted by Laws 1983, ch. 312, § 22, relating to annual reports, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-40 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-40 - Repealed.

History: Laws 1983, ch. 312, § 23; 1988, ch. 30, § 2; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-40 NMSA 1978, as enacted by Laws 1983, ch. 312, § 23, relating to exemption from application of other laws, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-41 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-41 - Repealed.

History: Laws 1983, ch. 312, § 24; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-41 NMSA 1978, as enacted by Laws 1983, ch. 312, § 24, relating to duration of corporation, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-42 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-42 - Repealed.

History: Laws 1983, ch. 312, § 25; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-42 NMSA 1978, as enacted by Laws 1983, ch. 312, § 25, relating to dissolution of corporation, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-43 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-43 - Repealed.

History: Laws 1983, ch. 312, § 26; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-43 NMSA 1978, as enacted by Laws 1983, ch. 312, § 26, relating to voidability of act, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-44 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-44 - Repealed.

History: Laws 1983, ch. 312, § 27; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-44 NMSA 1978, as enacted by Laws 1983, ch. 312, § 27, relating to credit of state not pledged, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-45 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-45 - Repealed.

History: Laws 1983, ch. 312, § 28; 1988, ch. 9, § 1; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-45 NMSA 1978, as enacted by Laws 1983, ch. 312, § 28, relating to business development corporation fund creation, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7-46 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7 - Business Development Corporation (Repealed.)|Section 53-7-46 - Repealed.

History: Laws 1983, ch. 312, § 29; 1989, ch. 324, § 30; repealed Laws 2005, ch. 184, § 2.ANNOTATIONSRepeals. — Laws 2005, ch. 184, § 2 repealed 53-7-46 NMSA 1978, as enacted by Laws 1983, ch. 312, § 29, relating to investment of fund, effective July 1, 2005. For provisions of former section, see the 2004 NMSA 1978 on NMOneSource.com.
NM Stat § 53-7A-1 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7A - Economic Development Corporation|Section 53-7A-1 - Short title.

This act [53-7A-1 through 53-7A-6] may be cited as the "Economic Development Corporation Act". History: Laws 2003, ch. 183, § 1. ANNOTATIONSEffective dates. — Laws 2003, ch. 183 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 20, 2003, 90 days after adjournment of the legislature.
NM Stat § 53-7A-2 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7A - Economic Development Corporation|Section 53-7A-2 - Purposes.

The purposes of the Economic Development Corporation Act are to: A. promote, stimulate, develop and advance business, prosperity, employment and economic welfare in the state and among its citizens; B. encourage and assist the location of new business and industry in this state and the rehabilitation and expansion of existing business and industry; C. cooperate and act in conjunction with other organizations, public or private, in the promotion and advancement of industrial, commercial, agricultural and recreational developments in the state; and D. provide for the creation of a nonprofit corporation with the responsibility to work with communities throughout New Mexico in effectuating these purposes in a manner that can be quantified and measured. History: Laws 2003, ch. 183, § 2. ANNOTATIONSEffective dates. — Laws 2003, ch. 183 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 20, 2003, 90 days after adjournment of the legislature.
NM Stat § 53-7A-3 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7A - Economic Development Corporation|Section 53-7A-3 - Corporation authorized; board of directors; organization; limitation of liability.

A. A nonprofit organization to provide economic development services to the state is authorized to be organized and formed under the provisions of the Nonprofit Corporation Act [Chapter 53, Article 8 NMSA 1978] and the Economic Development Corporation Act. B. The corporation shall be governed by a board of directors composed of fifteen members as follows: (1) the secretary of economic development; (2) one economic development professional, appointed by the governor, from each regional planning district, provided that no more than four of the economic development professionals shall be members of the same political party; and (3) one professional businessperson, appointed by the governor, from each regional planning district, provided that no more than four of the professional businesspersons shall be members of the same political party. C. The governor shall appoint a chair and the board of directors shall elect other officers as the board deems necessary. D. The board of directors shall adopt bylaws, in accordance with the provisions of the Nonprofit Corporation Act, governing the conduct of the corporation in the performance of its duties under the Economic Development Corporation Act. E. The board of directors shall hire a president who shall be the chief administrative officer of the corporation and be responsible for its operations. F. A director, the president or another officer shall not be personally liable for any damages resulting from: (1) any negligent act or omission of an employee of the corporation; (2) any negligent act or omission of another director or officer of the corporation; or (3) any action taken as a director or officer or a failure to take any action as a director or officer unless the director or officer has breached or failed to perform the duties of his office and the breach or failure to perform constitutes willful misconduct or recklessness. History: Laws 2003, ch. 183, § 3. ANNOTATIONSEffective dates. — Laws 2003, ch. 183 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 20, 2003, 90 days after adjournment of the legislature.
NM Stat § 53-7A-4 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7A - Economic Development Corporation|Section 53-7A-4 - Corporation; powers.

The corporation shall have the powers conferred upon domestic nonprofit corporations by the Nonprofit Corporation Act [Chapter 53, Article 8 NMSA 1978] unless otherwise specified in the Economic Development Corporation Act and shall also have the power to: A. sue and be sued in its corporate name; B. purchase, take, receive or otherwise acquire; own, hold, dispose of or use; and otherwise deal in and with property, including an interest in or ownership of intangible personal property, intellectual property or technological innovations; C. sell, convey, pledge, exchange, transfer or otherwise dispose of its assets and properties for consideration upon terms and conditions that the corporation shall determine; D. make contracts, incur liabilities or borrow money at rates of interest that the corporation may determine; E. make and execute all contracts, agreements or instruments necessary or convenient in the exercise of the powers and functions granted the corporation by the Economic Development Corporation Act; F. receive and administer grants, contracts and private gifts; G. invest and reinvest its funds; H. conduct its activities, carry on its operations, have offices and exercise the powers granted by the Economic Development Corporation Act; I. employ officers and employees that it deems necessary, set their compensation and prescribe their duties; J. enter into agreements with insurance carriers to insure against any loss in connection with its operations; K. authorize retirement programs and other benefits for salaried officers and employees of the corporation; and L. contract with economic development experts and other experts and consultants that may be required and to fix and pay their compensation. History: Laws 2003, ch. 183, § 4. ANNOTATIONSEffective dates. — Laws 2003, ch. 183 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 20, 2003, 90 days after adjournment of the legislature.
NM Stat § 53-7A-5 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7A - Economic Development Corporation|Section 53-7A-5 - Corporation; duties.

Pursuant to policies established by its board of directors and as directed by its president, the corporation shall: A. establish relationships with communities throughout New Mexico in order to understand their economic development goals; B. work for those communities in recruiting the types of businesses and jobs that have been identified by the communities; C. solicit economic development funds from federal and private sources; D. participate in economic development conferences and job fairs in order to educate businesses throughout the country and the world on the economic benefits and other attractions of New Mexico; E. sponsor such forums and conferences as are necessary in order to empower New Mexico businesses and citizens with those business skills needed to compete in a worldwide economy; and F. perform such other activities as are needed to further the purposes of the Economic Development Corporation Act. History: Laws 2003, ch. 183, § 5. ANNOTATIONSEffective dates. — Laws 2003, ch. 183 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 20, 2003, 90 days after adjournment of the legislature.
NM Stat § 53-7A-6 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7A - Economic Development Corporation|Section 53-7A-6 - Application of other laws.

A. The corporation formed pursuant to the Economic Development Corporation Act is separate and apart from the state and shall not be deemed an agency, public body or other political subdivision of New Mexico for purposes of applying laws relating to personnel, procurement of goods and services, gross receipts tax, disposition or acquisition of property, capital outlays and per diem and mileage. B. Notwithstanding the provisions of the Open Meetings Act [Chapter 10, Article 15 NMSA 1978], meetings of the corporation shall be closed to the public when proprietary technical or business information or any information regarding location or expansion of a business is discussed. C. Information obtained by the corporation that is proprietary technical or business information or related to the possible relocation or expansion of a business shall be confidential and not subject to inspection pursuant to the Inspection of Public Records Act [Chapter 14, Article 2 NMSA 1978]. D. The corporation, its officers, directors and employees shall be granted immunity from liability for any tort as provided in the Tort Claims Act [41-4-1 to 41-4-27 NMSA 1978] and may enter into agreements with insurance carriers to insure against a loss in connection with its operations even though the loss may be included among losses covered by the risk management fund of New Mexico. History: Laws 2003, ch. 183, § 6. ANNOTATIONSEffective dates. — Laws 2003, ch. 183 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 20, 2003, 90 days after adjournment of the legislature.
NM Stat § 53-7B-1 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7B - New Mexico Research Applications|Section 53-7B-1 - Short title.

Sections 1 through 10 [53-7B-1 to 53-7B-10 NMSA 1978] of this act may be cited as the "New Mexico Research Applications Act". History: Laws 2009, ch. 66, § 1. ANNOTATIONSEmergency clauses. — Laws 2009, ch. 66, § 16 contained an emergency clause and was approved April 2, 2009. Temporary provisions. — Laws 2009, ch. 66, § 14 provided that on April 2, 2009, all personnel, appropriations, money, records, property, equipment and supplies of the technology research collaborative shall be transferred to the economic development department for the use of the research applications center and all existing contracts, agreements and obligations in effect for the technology research collaborative shall be binding and effective on the economic development department.
NM Stat § 53-7B-2 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7B - New Mexico Research Applications|Section 53-7B-2 - Purposes.

The purposes of the New Mexico Research Applications Act are to: A. promote the public welfare and prosperity of the people of New Mexico; B. foster economic development in the area of intellectual property within New Mexico; C. attract investments that will drive technological innovations in New Mexico; D. create high-value technology jobs in New Mexico with appropriately trained employees to fill such jobs; E. forge links, critical partnerships and collaboration among New Mexico's business communities, universities, private foundations, national laboratories and government through the development of a research applications center; F. support educational initiatives in science, technology, engineering and mathematics in the state to ensure the availability of the future work force required to meet the goals of the New Mexico Research Applications Act; and G. engage in cooperative ventures related to the use of research and development applications, including the use of research and development applications as a means of enhancing state and local resource development and promoting innovative technological advances in the areas of economic, community and work force development; education; science; technology; engineering; mathematics; research and development; conservation; and health care, within New Mexico. History: Laws 2009, ch. 66, § 2. ANNOTATIONSEmergency clauses. — Laws 2009, ch. 66, § 16 contained an emergency clause and was approved April 2, 2009.
NM Stat § 53-7B-3 (2021)
2021 New Mexico Statutes|Chapter 53 - Corporations|Article 7B - New Mexico Research Applications|Section 53-7B-3 - Definitions.

As used in the New Mexico Research Applications Act: A. "board" means the board of directors of the research applications center; B. "department" means the economic development department; C. "research applications center" means the nonprofit corporation created pursuant to the Nonprofit Corporation Act [Chapter 53, Article 8 NMSA 1978] and the New Mexico Research Applications Act; D. "technological innovations" includes research, development, prototype assembly, manufacturing, patenting, licensing, marketing and sale of inventions, ideas, practices, applications, processes, machines and technology and related property rights of all kinds; and E. "university" means: (1) a New Mexico educational institution named in Article 12, Section 11 of the constitution of New Mexico; (2) a community college organized pursuant to the Community College Act [Chapter 21, Article 13 NMSA 1978]; or (3) a technical and vocational institute organized pursuant to the Technical and Vocational Institute Act [Chapter 21, Article 16 NMSA 1978]. History: Laws 2009, ch. 66, § 3. ANNOTATIONSEmergency clauses. — Laws 2009, ch. 66, § 16 contained an emergency clause and was approved April 2, 2009.