2011 New Mexico Statutes
Chapter 21: State and Private Education Institutions
Article 28: University Research Park, 21-28-1 through 21-28-25
Section 21-28-19: Gifts by persons, corporations, institutions and associations.


NM Stat § 21-28-19 (1996 through 1st Sess 50th Legis) What's This?

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.

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