reglab/housing_qa huggingface dataset:
NM Stat § 21-28-17 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 28 - University Research Park and Economic Development|Section 21-28-17 - Annual report and audit.

A. A research park corporation shall, within ninety days following the close of each fiscal year, submit an annual report of its activities for the preceding year as required by the Nonprofit Corporation Act [Chapter 53, Article 8 NMSA 1978] or the Business Corporation Act [Chapter 53, Articles 11 to 18 NMSA 1978] under which the research park is incorporated. The board of directors of the research park corporation shall annually contract with an independent certified public accountant, licensed by the state, to perform an examination and audit of the accounts and books of the research park corporation, including its receipts, disbursements, contracts, leases, sinking funds, investments and any other records and papers relating to its financial standing, and the certified public accountant shall make a determination as to whether the research park corporation has complied with the provisions of the University Research Park and Economic Development Act. The person performing the audit shall furnish copies of the audit report to the regents of the university and the secretary of state, where they shall be placed on file and made available for inspection by the general public. B. Subject to the provisions of any contract with bondholders or noteholders, a research park corporation shall prescribe a system of accounts. C. The costs of audits and examinations performed pursuant to this section shall be paid by the research park corporation. History: Laws 1989, ch. 264, § 17; 2007, ch. 247, § 14; 2013, ch. 75, § 13. ANNOTATIONSThe 2013 amendment, effective July 1, 2013, required that the auditor furnish a copy of the audit of a research park corporation to the secretary of state; and in Subsection A, in the third sentence, after "university and the" deleted "public regulation commission" and added "secretary of state". The 2007 amendment, effective June 15, 2007, changed the name of the act and changed state corporation commission to public regulation commission.
NM Stat § 21-28-18 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 28 - University Research Park and Economic Development|Section 21-28-18 - Repealed.

ANNOTATIONSRepeals. — Laws 1991, ch. 220, § 6 repealed 21-28-18 NMSA 1978, as enacted by Laws 1989, ch. 264, § 18, relating to investment of funds, effective June 14, 1991. For provisions of former section, see the 1990 NMSA 1978 on NMOneSource.com.
NM Stat § 21-28-19 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 28 - University Research Park and Economic Development|Section 21-28-19 - Gifts by persons, corporations, institutions and associations.

A. Any person or domestic corporation or association may make contributions or gifts, grants, bequests, devises or loans to a research park corporation. B. Any university or nonprofit corporation having funds available for research and development, regardless of the provisions of its charter, certificate of incorporation or other articles of organization including bylaws, may loan the funds to a research park corporation under such terms and conditions as may be mutually agreed upon for the purposes of a research park. History: Laws 1989, ch. 264, § 19.
NM Stat § 21-28-20 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 28 - University Research Park and Economic Development|Section 21-28-20 - Conflicts of interest.

A. If any director, officer or employee of a research park corporation is interested either directly or indirectly or is an officer or employee of or has any ownership interest in any firm or legal entity interested directly or indirectly in any contract with the research park corporation, except for any agency, instrumentality, department or political subdivision of the state, such interest shall be disclosed to and shall be set forth in the minutes of the research park corporation that is a party to the contract. The director, officer or employee having that interest shall not participate on behalf of the research park corporation in the authorization of the contract. B. No director, officer or employee of a research park corporation or state officer shall accept any gratuities in connection with the issuance of bonds under the University Research Park and Economic Development Act, nor shall that individual be reimbursed for expenses incident to the issuing of bonds except such expenses as are reimbursed as provided under the provisions of rules of the regents. C. Nothing in this section shall prohibit an officer, director or employee of a financial institution from participating as a member of the board of directors of a research park corporation in setting general policies of the research park corporation, nor shall any provision of this section be construed as prohibiting a financial institution of New Mexico from making loans guaranteed pursuant to the provisions of the University Research Park and Economic Development Act because an officer, director or employee of the financial institution serves as a member of the board of directors of the research park corporation. D. Any person who violates the provisions of this section is guilty of a misdemeanor and shall be sentenced for a definite term of less than one year, a fine of one thousand dollars ($1,000), or both. History: Laws 1989, ch. 264, § 20; 2007, ch. 247, § 15. ANNOTATIONSThe 2007 amendment, effective June 15, 2007, changed the name of the act.
NM Stat § 21-28-21 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 28 - University Research Park and Economic Development|Section 21-28-21 - Dissolution of research park corporation.

On termination or dissolution of a research park corporation, all rights and properties of the research park corporation shall pass to and be vested in the university which formed the research park corporation, subject to the rights of any bondholders, lienholders, creditors or ownership interests in the research park corporation. History: Laws 1989, ch. 264, § 21; 1991, ch. 220, § 5. ANNOTATIONSThe 1991 amendment, effective June 14, 1991, substituted "creditors or ownership interests in the research park corporation" for "and other creditors or any holder of equity interests in a research park corporation" at the end of the section.
NM Stat § 21-28-22 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 28 - University Research Park and Economic Development|Section 21-28-22 - Agreement with the state.

The state does hereby pledge to and agree with the holders of any bonds or notes issued under the University Research Park and Economic Development Act that the state will not limit or alter the rights hereby vested in the research park corporation by that act to fulfill the terms of any agreement made with the holders thereof or in any way impair the rights and remedies of those holders until the bonds or notes, together with the interest thereon, with interest on any unpaid installments of interest and all costs and expenses in connection with any action or proceedings by or on behalf of those holders, are fully met and discharged. A research park corporation is authorized to include this pledge and agreement of the state in any agreement with the holders of the bonds or notes. History: Laws 1989, ch. 264, § 22; 2007, ch. 247, § 16. ANNOTATIONSThe 2007 amendment, effective June 15, 2007, changed the name of the act.
NM Stat § 21-28-23 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 28 - University Research Park and Economic Development|Section 21-28-23 - Work to conform to federal law when aided by federal appropriations.

In the event of congress making appropriations for the conduct of work similar to that specified in the University Research Park and Economic Development Act, the work of the research park shall conform to the requirements imposed as the conditions for those federal appropriations in order that the work of the research park may be aided and extended by means of those federal appropriations for scientific, engineering and industrial research. History: Laws 1989, ch. 264, § 23; 2007, ch. 247, § 17. ANNOTATIONSThe 2007 amendment, effective June 15, 2007, changed the name of the act.
NM Stat § 21-28-24 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 28 - University Research Park and Economic Development|Section 21-28-24 - Contracts involving officers or employees of educational institutions and state agencies or political subdivisions.

A research park corporation shall not enter into any contract involving services or property of a value in excess of twenty thousand dollars ($20,000) with an employee of the university or with a business in which the employee has a controlling interest, except as provided in Section 21-28-25 NMSA 1978 if the employee has a controlling interest, unless the president of the university or the president's designee makes a determination, in writing, that the employee is able to provide services that are not readily available from another person or is able to provide services that are less expensive or of higher quality than is otherwise available. History: Laws 1989, ch. 264, § 24; 2007, ch. 247, § 18. ANNOTATIONSThe 2007 amendment, effective June 15, 2007, changed the statutory reference to Section 25 of the act.
NM Stat § 21-29-1 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 29 - Western Interstate Commission on Higher Education Loans for Service|Section 21-29-1 - Short title.

This act [21-29-1 to 21-29-6 NMSA 1978] may be cited as the "WICHE Loan for Service Act". History: Laws 1997, ch. 126, § 1. ANNOTATIONSCross references. — For Teacher Loan for Service Act, see 21-22E-1 NMSA 1978 et seq. For the Western Regional Cooperation in Higher Education Compact, see Chapter 11, Article 10 NMSA 1978. Effective dates. — Laws 1997, ch. 126, § 9 makes the WICHE Loans for Service Act effective on July 1, 1997. Applicability. — Laws 1997, ch. 126, § 8 makes the WICHE Loans for Service Act applicable to contracts entered into with students on or after the effective date of the act.
NM Stat § 21-29-2 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 29 - Western Interstate Commission on Higher Education Loans for Service|Section 21-29-2 - Definitions.

As used in the WICHE Loan for Service Act: A. "commission" [department] means the commission on higher education [higher education department]; and B. "student" means a New Mexico resident who is a graduate of a New Mexico high school or has resided in New Mexico for three consecutive years immediately preceding application to the program and who attends or is about to attend a graduate or professional program of education through the auspices of the Compact for Western Regional Cooperation in Higher Education [11-10-1 NMSA 1978]. History: Laws 1997, ch. 126, § 2; 1998, ch. 110, § 1. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. For designation of the commission on higher education as the higher education department, see 9-25-4.1 NMSA 1978. The 1998 amendment, effective May 20, 1998, in Subsection B, inserted "or has resided in New Mexico for three consecutive years immediately preceding application to the program" near the middle of the subsection.
NM Stat § 21-29-4 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 29 - Western Interstate Commission on Higher Education Loans for Service|Section 21-29-4 - Commission [department] powers and duties; contracts.

A. The commission [department] may: (1) arrange with other agencies for the performance of services required by the provisions of Section 3 [21-29-3 NMSA 1978] of the WICHE Loan for Service Act; (2) sue in its own name for any balance due the state from a student on a contract; (3) cancel a contract made between it and a student for a reasonable cause deemed sufficient by the commission [department]; and (4) adopt regulations to implement the provisions of the WICHE Loan for Service Act. B. The commission [department] shall make an annual report to the governor and the legislature prior to the regular session of its activities pursuant to the WICHE Loan for Service Act, including loans granted and paid back or fulfilled through the practice of a profession in New Mexico; a list of the schools or colleges attended by those receiving loans; and any other information the commission [department] deems pertinent. C. The general form of the contract provided for in Section 3 of the WICHE Loan for Service Act shall be prepared and approved by the attorney general and signed by the student and a designee of the commission [department] on behalf of the state. History: Laws 1997, ch. 126, § 4. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. For designation of the commission on higher education as the higher education department, see 9-25-4.1 NMSA 1978. Effective dates. — Laws 1997, ch. 126, § 9 makes the WICHE Loans for Service Act effective on July 1, 1997.
NM Stat § 21-29-5 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 29 - Western Interstate Commission on Higher Education Loans for Service|Section 21-29-5 - Fund created; method of payment.

The "WICHE loan for service fund" is created in the state treasury. All money appropriated for loans to students participating in the student exchange program of the western interstate commission on higher education [higher education department] shall be credited to the fund. All payments of principal and interest on loans made pursuant to the WICHE Loan for Service Act shall be credited to the fund. All payments of money for loans shall be made upon vouchers signed by the designated representative of the commission [department] and warrants drawn by the secretary of finance and administration. For the 1997-98 fiscal year, seventy thousand dollars ($70,000) is appropriated from the nursing-loan-for-service fund to the commission on higher education [higher education department] from collections generated in excess of the amount received and budgeted for the 1997-98 fiscal year. This appropriation shall be used to support the operation and administration of the program, including paying support fees for students currently enrolled in the WICHE program. History: Laws 1997, ch. 126, § 5. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. For designation of the commission on higher education as the higher education department, see 9-25-4.1 NMSA 1978. Effective dates. — Laws 1997, ch. 126, § 9 makes the WICHE Loans for Service Act effective on July 1, 1997.
NM Stat § 21-29-6 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 29 - Western Interstate Commission on Higher Education Loans for Service|Section 21-29-6 - Cancellation.

The commission [department] may cancel a contract with a student for reasonable cause deemed sufficient by the commission [department]. History: Laws 1997, ch. 126, § 6. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. For designation of the commission on higher education as the higher education department, see 9-25-4.1 NMSA 1978. Effective dates. — Laws 1997, ch. 126, § 9 makes the WICHE Loans for Service Act effective on July 1, 1997.
NM Stat § 21-30-1 (2021)
2021 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 this act may be cited as the "University Athletic Facility Funding Act". History: Laws 2007, ch. 117, § 2. ANNOTATIONSEmergency clauses. — Laws 2007, ch. 117, § 12 contained an emergency clause and was approved March 30, 2007.
NM Stat § 21-30-2 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 30 - University Athletic Facility Funding Act|Section 21-30-2 - Definitions.

As used in the University Athletic Facility Funding Act: A. "athletic facility revenues" means rentals, receipts, fees or other charges imposed by and paid to a university for the rights to use, operate or manage a university athletic facility by any person; B. "athletic facility surcharge" means a surcharge to be included in each vendor contract on tickets, parking, souvenirs, concessions, programs, advertising, merchandise, corporate suites or boxes, broadcast revenues and all other products or services sold at or related to a university athletic facility or related to activities occurring at a university athletic facility; C. "board" means the board of regents of a university; D. "bonds" means athletic facility revenue bonds issued by a university to pay for some or all of the costs of designing, purchasing, constructing, remodeling, rehabilitating, renovating, improving, equipping and furnishing a university athletic facility; E. "president" means the president of a university or a person designated by the president of a university; F. "university" means a four-year post-secondary educational institution confirmed by Article 12, Section 11 of the constitution of New Mexico and the main campus of which is located in a class A county; G. "university athletic facility" means an indoor or outdoor athletic facility, including buildings and related improvements, primarily designed and intended for university sporting events, but also available for non-university sporting events and university and community cultural, educational and entertainment events; H. "vendor" means every person, corporation, partnership or other entity, including a division or department of a university, providing products or services sold at or related to a university athletic facility; and I. "vendor contract" means a written arrangement between a university and a vendor pursuant to which the vendor provides products or services sold at or related to the university athletic facility. History: Laws 2007, ch. 117, § 3. ANNOTATIONSEmergency clauses. — Laws 2007, ch. 117, § 12 contained an emergency clause and was approved March 30, 2007.
NM Stat § 21-30-4 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 30 - University Athletic Facility Funding Act|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 to any other act of the legislature, be full authority for the issuance and sale of athletic facility revenue bonds, which bonds shall have all the qualities of investment securities under the Uniform Commercial Code [Chapter 55 NMSA 1978] and shall not be invalid for any irregularity or defect or be contestable in the hands of bona fide purchasers or holders of the bonds for value. B. Athletic facility revenue bonds are legal investments for any person or board charged with the investment of any public funds and are acceptable as security for any deposit of public money. History: Laws 2007, ch. 117, § 5. ANNOTATIONSEmergency clause. — Laws 2007, ch. 117, § 12 contained an emergency clause and was approved March 30, 2007.
NM Stat § 21-30-5 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 30 - University Athletic Facility Funding Act|Section 21-30-5 - Bonds tax exempt.

All athletic facility revenue bonds shall be exempt from taxation by the state or any of its political subdivisions. History: Laws 2007, ch. 117, § 6. ANNOTATIONSEmergency clauses. — Laws 2007, ch. 117, § 12 contained an emergency clause and was approved March 30, 2007.
NM Stat § 21-30-6 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 30 - University Athletic Facility Funding Act|Section 21-30-6 - Authorization of surcharge and other fees; use of proceeds; transfer.

A. The board may establish by resolution an athletic facility surcharge of not less than five percent but not to exceed twenty-five percent of the revenues received by a vendor pursuant to each vendor contract entered into by the university. B. The athletic facility surcharge shall be imposed only for the period necessary for payment of principal and interest on the bonds issued to accomplish the purpose for which the revenue is dedicated, but the period shall not exceed thirty years from the date of the resolution imposing the surcharge. C. A university that has established an athletic facility surcharge shall include the surcharge in the terms of each vendor contract into which it enters. D. A university may establish charges and fees deemed necessary by the board or the president for the use, operation or management of a university athletic facility by a person other than the university. History: Laws 2007, ch. 117, § 7. ANNOTATIONS
NM Stat § 21-30-7 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 30 - University Athletic Facility Funding Act|Section 21-30-7 - Collection of athletic facility surcharge; remittance to university.

A. Upon the sale of a product or service subject to the athletic facility surcharge, a vendor shall collect the athletic facility surcharge from the purchaser of that product or service on behalf of the university and shall act as a trustee for the surcharge receipts. A purchaser of a product or service subject to the athletic facility surcharge shall be charged separately for the athletic facility surcharge from the cost of the product or service, or the vendor shall institute accounting controls or procedures sufficient to identify the amount of the surcharge owed to a university for each sale, transaction or exchange subject to the surcharge. Receipts from the athletic facility surcharge shall be remitted by a vendor to the president no later than the tenth day of the month following the collection of the surcharge. B. The president shall deposit university athletic facility revenues and athletic facility surcharge receipts into the athletic facility bonding fund and act as trustee of the revenue on behalf of bondholders pursuant to the University Athletic Facility Funding Act so long as any bonds remain outstanding. History: Laws 2007, ch. 117, § 8. ANNOTATIONSEmergency clauses. — Laws 2007, ch. 117, § 12 contained an emergency clause and was approved March 30, 2007.
NM Stat § 21-30-8 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 30 - University Athletic Facility Funding Act|Section 21-30-8 - Audits.

The board shall provide by resolution a method to audit or otherwise ensure that vendors subject to the athletic facility surcharge collect and remit to the president the full amount of the surcharge receipts due to the university. History: Laws 2007, ch. 117, § 9. ANNOTATIONSEmergency clause. — Laws 2007, ch. 117, § 12 contained an emergency clause and was approved March 30, 2007.
NM Stat § 21-30-9 (2021)
2021 New Mexico Statutes|Chapter 21 - State and Private Education Institutions|Article 30 - University Athletic Facility Funding Act|Section 21-30-9 - Enforcement; penalties.

A. An action to enforce the imposition and collection of an athletic facility surcharge by a vendor may be brought by a university. B. A district court may issue an appropriate judgment, order or remedy to enforce the provisions of a vendor contract. C. A judgment issued by a district court requiring athletic facility surcharge receipts to be paid to a university by a vendor shall also award interest at an annual rate of twelve percent on past due amounts, attorney fees and costs to a university. History: Laws 2007, ch. 117, § 10. ANNOTATIONSEmergency clause. — Laws 2007, ch. 117, § 12 contained an emergency clause and was approved March 30, 2007.