2015 New Mexico Statutes
Chapter 21 - State and Private Education Institutions
Section 11 New Mexico Institute of Mining and Technology
Section 21-11-4 Operations vested in board of regents; corporate powers; quorum.
21-11-4. [Operations vested in board of regents; corporate powers; quorum.]
The management and control of said school of mines [New Mexico institute of mining and technology], the care and preservation of all property of which it shall become possessed, the erection and construction of all buildings necessary for its use, and the disbursement and expenditure of all moneys, shall be vested in a board of five regents. Said regents and their successors in office shall constitute a body corporate, under the name and style of, the regents of the New Mexico school of mines [New Mexico institute of mining and technology], with the right, as such, of suing and being sued, of contracting and being contracted with, of making and using a common seal and altering the same at pleasure, and of causing all things to be done necessary to carry out the provisions of this article. A majority of the board shall constitute a quorum for the transaction of business, but a less number may adjourn from time to time.
History: Laws 1889, ch. 138, 29; C.L. 1897, 3594; Code 1915, 5140; C.S. 1929, 130-1102; 1941 Comp., 55-2602; 1953 Comp., 73-27-4.
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.
