reglab/statecodes huggingface dataset:
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 2A - College District Tax › Section 21-2A-12 - Extended learning fund created; distribution of fund.

The "extended learning fund" is created in the state treasury. Money in the fund is appropriated to the commission on higher education [higher education department] for the purpose of making awards to public schools and public post-secondary institutions for the purpose of developing and operating extended learning programs throughout the state. The commission [department] shall establish by regulation a procedure for application and award of money in the fund. Disbursements of the fund shall be made by warrant of the department of finance and administration pursuant to vouchers signed by the executive director [secretary] of the commission on higher education [higher education department]. Any unexpended or unencumbered balances remaining in the fund at the end of any fiscal year shall not revert but shall remain to the credit of the fund.
History:
Laws 1995, ch. 224, § 18.
ANNOTATIONS
Bracketed 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 1995, ch. 224 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 16, 1995, 90 days after adjournment of the legislature.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 2A - College District Tax › Section 21-2A-15 - College district lease-purchase arrangements; agreement of the state; legal investments; tax exemption; cumulative and complete authority.

A. The state does hereby pledge to and agree with the holders of any lease-purchase arrangement entered into pursuant to the College District Tax Act that the state will not limit or alter the rights hereby vested in college districts to fulfill the terms of any lease-purchase arrangement or in any way impair the rights and remedies of the holders of lease-purchase arrangements until the payments due thereon, and all costs and expenses in connection with any action or proceedings by or on behalf of those holders, are fully met and discharged. College districts are authorized to include this pledge and agreement of the state in any lease-purchase arrangement.
B. Lease-purchase arrangements entered into pursuant to the College District Tax Act shall be legal investments in which all insurance companies, banks and savings and loan associations organized under the laws of the state, public officers and public bodies and all administrators, guardians, executors, trustees and other fiduciaries may properly and legally invest funds.
C. The state covenants with the purchasers and all subsequent holders and transferees of lease-purchase arrangements entered into by boards, in consideration of the acceptance of and payment for the lease-purchase arrangements entered into pursuant to the College District Tax Act, that lease-purchase arrangements and the income from the lease-purchase arrangements shall at all times be free from taxation by the state, except for estate or gift taxes and taxes on transfers.
D. The College District Tax Act shall be deemed to provide an additional and alternative method for acquiring educational technology equipment and shall be regarded as supplemental and additional to powers conferred by other laws and shall not be regarded as a derogation of any powers now existing. The College District Tax Act shall be deemed to provide complete authority for acquiring educational technology equipment and entering into lease-purchase arrangements. No other approval of any state agency or officer, except as provided in that act, shall be required with respect to any lease-purchase arrangements, and the board acting pursuant to provisions of that act need not comply with the requirements of any other law applicable to the issuance of debt by college districts; provided, however, that a board may submit to a vote of qualified electors of the college district the question of creating debt by entering into a lease-purchase arrangement; and provided further that the board shall abide by the vote of the majority of those persons voting on the question.
History:
Laws 2019, ch. 252, § 4.
ANNOTATIONS
Emergency clauses.
— Laws 2019, ch. 252, § 7 contained an emergency clause and was approved April 4, 2019.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 2A - College District Tax › Section 21-2A-16 - Liberal interpretation.

The College District Tax Act, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to the effect of the purposes of the act.
History:
Laws 2019, ch. 252, § 5.
ANNOTATIONS
Emergency clauses.
— Laws 2019, ch. 252, § 7 contained an emergency clause and was approved April 4, 2019.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 2A - College District Tax › Section 21-2A-17 - Severability.

If any part or application of the College District Tax Act is held invalid, the remainder or its application to other situations or persons shall not be affected.
History:
Laws 2019, ch. 252, § 6.
ANNOTATIONS
Emergency clauses.
— Laws 2019, ch. 252, § 7 contained an emergency clause and was approved April 4, 2019.
2023 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.]

The state educational institution at Las Vegas, shall be known by the name and title of the New Mexico normal university [New Mexico highlands university]; and the state educational institution at Silver City, shall be known by the name and title of the New Mexico normal school [western New Mexico university].
History:
Laws 1893, ch. 19, § 1; C.L. 1897, § 3650; Laws 1899, ch. 18, § 1; Code 1915, § 4974; C.S. 1929, § 120-1901; 1941 Comp., § 55-2101; 1953 Comp., § 73-22-1.
ANNOTATIONS
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.
Compiler's notes.
— This section bore no history line in the 1915 Code. The compilers appear to have correlated the two acts now cited to the history line to create it.
Cross references.
— For New Mexico highlands university,
see
21-3-2 NMSA 1978.
For western New Mexico university,
see
21-3-3 NMSA 1978.
For eastern New Mexico university,
see
21-3-29 NMSA 1978.
For designation as state educational institutions,
see
N.M. Const., art. XII, § 11.
Am. Jur. 2d, A.L.R. and C.J.S. references. —
14A C.J.S. Colleges and Universities § 9.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 3 - Certain State Post-Secondary Schools › Section 21-3-2 - [Use of name "New Mexico highlands university" authorized.]

That except for financial transactions the use of the name New Mexico highlands university is hereby permitted in lieu of New Mexico normal university, for common convenience.
History:
Laws 1941, ch. 130, § 1; 1941 Comp., § 55-2102; 1953 Comp., § 73-22-2.
ANNOTATIONS
Bracketed 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. —
14A C.J.S. Colleges and Universities § 9.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 3 - Certain State Post-Secondary Schools › Section 21-3-3 - Use of name "western New Mexico university" authorized; exceptions.

For all purposes excepting suits, state lands, funds and appropriations the name "western New Mexico university" is hereby authorized for use in lieu of the name New Mexico western college.
History:
Laws 1923, ch. 22, § 1; C.S. 1929, § 120-1902; 1941 Comp., § 55-2103; 1953 Comp., § 73-22-3; Laws 1963, ch. 3, § 1.
ANNOTATIONS
Am. Jur. 2d, A.L.R. and C.J.S. references. —
14A C.J.S. Colleges and Universities § 9.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 3 - Certain State Post-Secondary Schools › Section 21-3-5 - [Election of officers; bond of secretary-treasurer.]

Each of such boards shall annually elect one member thereof as president and another member as secretary and treasurer, and such officers shall hold their offices until their successors shall be elected and qualified. The secretary and treasurer shall execute his bond to the state of New Mexico for not less than twenty thousand dollars [($20,000)], with at least two freehold sureties, residents of the state, which shall be conditioned for the faithful performance of the duties of such secretary and treasurer, and shall be approved by the governor and filed in the office of the secretary of state.
History:
Laws 1893, ch. 19, § 4; C.L. 1897, § 3653; Code 1915, § 4976; C.S. 1929, § 120-1906; 1941 Comp., § 55-2105; 1953 Comp., § 73-22-5.
ANNOTATIONS
Bracketed 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. —
63A Am. Jur. 2d Public Officers and Employees §§ 487, 488.
Malfeasance in office, public officer's bond as subject to forfeiture for, 4 A.L.R.2d 1348.
14A C.J.S. Colleges and Universities § 16.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 3 - Certain State Post-Secondary Schools › Section 21-3-6 - [Meeting of boards of regents; quorum.]

Each of said boards of regents shall hold at least four meetings during each year at their respective normal schools [universities] for the purpose of discharging their duties, the time of such meetings to be fixed by such board, and the president of such board may call special meetings thereof when in his judgment the business of such schools demands the same. Three members of such boards shall constitute a quorum for the transaction of business.
History:
Laws 1893, ch. 19, § 5; C.L. 1897, § 3654; Code 1915, § 4977; C.S. 1929, § 120-1907; 1941 Comp., § 55-2106; 1953 Comp., § 73-22-6.
ANNOTATIONS
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.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 3 - Certain State Post-Secondary Schools › Section 21-3-8 - [Duties of board officers.]

The president of each board shall preside at all meetings thereof and shall sign the proceedings of the same, and shall sign all orders directed by the board to be drawn upon the treasurer thereof for the payment of money. In the absence of the president at any meeting of the board, the members present shall elect a president pro tem. The secretary of the board shall have charge of the records, books and papers belonging to such board, and shall keep a record of the proceedings of such board and shall issue and attest all orders directed by the board to be drawn upon the treasurer of the same for the payment of money. Such secretary, as treasurer, shall have the care and custody of all moneys belonging to such school, and he shall pay out the same only upon orders drawn upon him by direction of the board of regents and signed by the president thereof; and at each regular meeting of such board such treasurer shall submit to the same a statement showing a full account of the condition of financial affairs of such school.
History:
Laws 1893, ch. 19, § 7; C.L. 1897, § 3656; Code 1915, § 4979; C.S. 1929, § 120-1909; 1941 Comp., § 55-2108; 1953 Comp., § 73-22-8.
ANNOTATIONS
Bracketed material.
— The bracketed material was inserted by the compiler and is not part of the law.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 3 - Certain State Post-Secondary Schools › Section 21-3-9 - [New Mexico highlands university; school of manual training; kindergarten training school.]

There are hereby established as branches or departments of said New Mexico normal university [New Mexico highlands university], to be carried on at Las Vegas, a school of manual training for the state of New Mexico, the object of which shall be to instruct pupils, and to train and qualify teachers to teach the use of hands and tools in the various useful arts of practical value to the people of the state; and also a kindergarten training school to qualify teachers of the state to use that system of teaching in the primary schools.
History:
Laws 1899, ch. 18, § 2; Code 1915, § 4982; C.S. 1929, § 120-1914; 1941 Comp., § 55-2111; 1953 Comp., § 73-22-11.
ANNOTATIONS
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. —
14A C.J.S. Colleges and Universities §§ 35, 37, 38.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 3 - Certain State Post-Secondary Schools › Section 21-3-10 - [New Mexico highlands university to be nonsectarian.]

Said institution shall be forever strictly nonsectarian in its character and management, and no creed or system of religion shall be taught, practiced or exercised in it.
History:
Laws 1899, ch. 18, § 3; Code 1915, § 4983; C.S. 1929, § 120-1915; 1941 Comp., § 55-2112; 1953 Comp., § 73-22-12.
ANNOTATIONS
Bracketed material.
— The bracketed material was inserted by the compiler and is not part of the law.
Cross references.
— For prohibition of religious tests and services in schools,
see
N.M. Const., art. XII, § 9.
For free public schools conducted in English,
see
N.M. Const., art. XXI, § 4.
Am. Jur. 2d, A.L.R. and C.J.S. references. —
16 Am. Jur. 2d Constitutional Law §§ 465, 466, 481.
Sectarianism in schools, 5 A.L.R. 866, 141 A.L.R. 1144, 45 A.L.R.2d 742.
Validity and construction of public school regulation of student distribution of religious documents at school, 136 A.L.R. Fed. 551.
14A C.J.S. Colleges and Universities § 7; 16A C.J.S. Constitutional Law §§ 518 to 521, 523.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 3 - Certain State Post-Secondary Schools › Section 21-3-11 - [Acquisition of land for New Mexico highlands university.]

That the board of regents of the New Mexico normal university [New Mexico highlands university] is hereby given the right and authority to acquire by purchase or donation any and all land which may be necessary for campus and building site purposes.
History:
Laws 1927, ch. 60, § 1; C.S. 1929, § 120-1911; 1941 Comp., § 55-2113; 1953 Comp., § 73-22-13.
ANNOTATIONS
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.
Compiler's notes.
— Laws 1937, ch. 95, § 1, ratified and confirmed any and all deeds, grants and conveyances heretofore made by any city, town or village in this state to the state of New Mexico, conveying land or other property for the use of any institution of this state.
Am. Jur. 2d, A.L.R. and C.J.S. references. —
15A Am. Jur. 2d Colleges and Universities §§ 32 to 35.
14A C.J.S. Colleges and Universities §§ 10, 11, 17.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 3 - Certain State Post-Secondary Schools › Section 21-3-12 - [Right of eminent domain by New Mexico highlands university regents unaffected.]

That the provisions of the foregoing section [21-3-11 NMSA 1978] shall in no way change, alter or amend the right given the board of regents of the New Mexico normal university [New Mexico highlands university] to condemn land for university purposes as is now provided by the laws of the state of New Mexico.
History:
Laws 1927, ch. 60, § 2; C.S. 1929, § 120-1912; 1941 Comp., § 55-2114; 1953 Comp., § 73-22-14.
ANNOTATIONS
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. —
26 Am. Jur. 2d Eminent Domain § 68.
Right to condemn property owned or used by private educational, charitable or religious organization, 80 A.L.R.3d 833.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 3 - Certain State Post-Secondary Schools › Section 21-3-13 - [Borrowing by New Mexico highlands university for building, land acquisition or bond retirement purposes.]

That for the purpose of erecting, altering, improving, furnishing and equipping any necessary buildings or structures at the New Mexico normal university [New Mexico highlands university], or acquiring any necessary land for the use of said institution, or for retiring the whole or any part of any series bonds, previously issued by said institution under the provisions of law or for any or all of such purposes, the board of regents or directors of the New Mexico normal university [New Mexico highlands university] is hereby authorized to borrow money for such purposes in conformity with the terms of this act [21-3-13 to 21-3-28 NMSA 1978].
History:
Laws 1941, ch. 208, § 1; 1941 Comp., § 55-2115; 1953 Comp., § 73-22-15.
ANNOTATIONS
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.
Cross references.
— For authority of state treasurer to purchase bonds,
see
6-13-6 NMSA 1978.
For regulations concerning sale of bonds,
see
6-13-6 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 § 17.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › 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.
ANNOTATIONS
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.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 3 - Certain State Post-Secondary Schools › Section 21-3-15 - Bonds; form; conditions.

Bonds issued pursuant to Chapter 21, Article 3 NMSA 1978 shall be in such form and denominations as the board determines, due and payable not later than fifty years from date of issue. The bonds shall be payable in consecutive order commencing not later than two years from date of issue.
History:
1978 Comp., § 21-3-15, enacted by Laws 1983, ch. 265, § 37.
ANNOTATIONS
Repeals and reenactments.
— Laws 1983, ch. 265, § 37 repealed former 21-3-15 NMSA 1978 and enacted a new section.
Am. Jur. 2d, A.L.R. and C.J.S. references. —
64 Am. Jur. 2d Public Securities and Obligations §§ 195, 196, 202, 205, 399 to 453.
Power and discretion of officer or board authorized to issue bonds of governmental units as regards terms or conditions to be included therein, 119 A.L.R. 190.
47 C.J.S. Interest and Usury; Consumer Credit § 18.
2023 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.
ANNOTATIONS
Bracketed 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.
2023 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.
ANNOTATIONS
Bracketed 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.
2023 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.
ANNOTATIONS
Bracketed 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.
2023 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.
ANNOTATIONS
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 § 199.
2023 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.
ANNOTATIONS
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. —
15A Am. Jur. 2d Colleges and Universities § 35.
14A C.J.S. Colleges and Universities § 14.
2023 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.
ANNOTATIONS
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 §§ 197, 198.
11 C.J.S. Bonds § 59 et seq.
2023 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.
ANNOTATIONS
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.
2023 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.
ANNOTATIONS
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. —
15A Am. Jur. 2d Colleges and Universities § 35.
14A C.J.S. Colleges and Universities § 14.
2023 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.
ANNOTATIONS
Bracketed 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.
2023 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.
ANNOTATIONS
Bracketed 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.
2023 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.
ANNOTATIONS
Bracketed material.
— The bracketed material was inserted by the compiler and is not part of the law.
2023 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.
ANNOTATIONS
Bracketed 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.
2023 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.
ANNOTATIONS
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 §§ 261 to 269.
2023 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.
ANNOTATIONS
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.
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.
2023 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.
ANNOTATIONS
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. —
14A C.J.S. Colleges and Universities § 9.
2023 New Mexico Statutes › Chapter 21 - State and Private Education Institutions › Article 4 - Northern New Mexico State School › Section 21-4-1 - Management and control of northern New Mexico college.

The management and control of the northern New Mexico state school at El Rito, also known as northern New Mexico college, and the appointment, qualification, powers and duties of its board of regents shall be the same as provided in Article 12, Section 13 of the constitution of New Mexico for the other state educational institutions mentioned in Article 12, Section 11 of the constitution of New Mexico.
History:
Laws 1909, ch. 97, § 2; Code 1915, § 4986; C.S. 1929, § 120-1918; 1941 Comp., § 55-2132; 1953 Comp., § 73-22-32; Laws 1955, ch. 115, § 1; 2005, ch. 304, § 1; 2005, ch. 308, § 1.
ANNOTATIONS
The 2005 amendment,
effective June 17, 2005, changed "Spanish American school" to "northern New Mexico state school" and provided that the school is also known as northern New Mexico college.
Laws 2005, ch. 304, § 1 and Laws 2005, ch. 308, § 1, both effective June 17, 2005, enacted identical amendments to this section. The section was set out as amended by Laws 2005, ch. 308, § 1.
See
12-1-8 NMSA 1978.
Employee must comply with internal grievance procedures.
— An employee must substantially comply with mandatory internal grievance procedures contained in an employee manual or handbook before filing suit for breach of contract claims based on an alleged failure of an employer to follow its employment policies.
Lucero v. UNM Board of Regents
, 2012-NMCA-055, 278 P.3d 1043, cert. denied, 2012-NMCERT-004.
Where a university manager was terminated by the university; the manager did not follow the grievance process contained in the university's employee handbook by filing a grievance; the handbook governed the manager's employment with the university; and the manager filed an action in district court for breach of contract and wrongful termination alleging that the employee handbook created a contract and that the university breached the contract by failing to abide by the handbook's policies and procedures governing workplace performance, disciplinary action, a harassment-free workplace, employer-employee relations, progressive discipline and by disciplining the manager without just cause, the manager's claims were barred because the manager failed to exhaust the handbook's internal grievance procedures before filing the breach of contract action based on an alleged failure of the university to follow policies in the handbook.
Lucero v. UNM Board of Regents
, 2012-NMCA-055, 278 P.3d 1043, cert. denied, 2012-NMCERT-004.
Am. Jur. 2d, A.L.R. and C.J.S. references.
— 15A Am. Jur. 2d Colleges and Universities §§ 3, 5, 7, 11, 35, 39; 68 Am. Jur. 2d Schools § 30.
Constitutionality of statute requiring, or limiting, selection or appointment of public officers or agents from members of a political party or parties, 140 A.L.R. 471, 170 A.L.R. 198.
14A C.J.S. Colleges and Universities §§ 14, 15 to 17; 29 C.J.S. Election § 101; 67 C.J.S. Officers and Public Employees §§ 36, 40 to 43, 66, 69.