There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 21: State and Private Education Institutions
Article 28: University Research Park, 21-28-1 through 21-28-25
Section 21-28-14: Limitation of liability.
NM Stat § 21-28-14 (1996 through 1st Sess 50th Legis) What's This?
21-28-14. Limitation of liability.
The members of the board of directors of a research park corporation, while acting within the scope of their authority, and any person acting in their behalf, while acting within the scope of the person's authority, shall not be personally liable for the corporation's obligations.
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