2011 New Mexico Statutes
Chapter 21: State and Private Education Institutions
Article 14: Branch Community Colleges, 21-14-1 through 21-14-16
Section 21-14-14: Title to property acquired from proceeds of bond issue.
21-14-14. Title to property acquired from proceeds of bond issue.
All property acquired from the proceeds of a bond issue shall be taken in the name of the board of education or the board of regents of the parent institution. In the event an independent public college entity evolves from the branch community college, the property so held by the board of education or the board of regents of the parent institution shall be transferred and conveyed to the governing body of the new independent public college entity. No transfer or conveyance shall take place without the express approval of the board of educational finance.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
