2011 New Mexico Statutes
Chapter 21: State and Private Education Institutions
Article 11: New Mexico Institute of Mining and Technology, 21-11-1 through 21-11-28
Section 21-11-15: Authority to borrow money; purposes.
21-11-15. [Authority to borrow money; purposes.]
For the purpose of erecting, altering, improving, furnishing or equipping any necessary buildings at the New Mexico school of mines [New Mexico institute of mining and technology], or for acquiring any necessary land for the use of said school [institute], or both, or for the purpose of acquiring lands and buildings for use as a branch of said school [institute], or for the purpose of retiring the whole or any part of any series of bonds previously issued, the board of regents of the New Mexico school of mines [institute] is hereby authorized to borrow money in conformity with the terms of this act [21-11-15, 21-11-16, 21-8-18 to 21-11-27 NMSA 1978].
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