2020 New Mexico Statutes
Chapter 53 - Corporations
Article 7A - Economic Development Corporation
Section 53-7A-5 - Corporation; duties.
Pursuant to policies established by its board of directors and as directed by its president, the corporation shall:
A. establish relationships with communities throughout New Mexico in order to understand their economic development goals;
B. work for those communities in recruiting the types of businesses and jobs that have been identified by the communities;
C. solicit economic development funds from federal and private sources;
D. participate in economic development conferences and job fairs in order to educate businesses throughout the country and the world on the economic benefits and other attractions of New Mexico;
E. sponsor such forums and conferences as are necessary in order to empower New Mexico businesses and citizens with those business skills needed to compete in a worldwide economy; and
F. perform such other activities as are needed to further the purposes of the Economic Development Corporation Act.
History: Laws 2003, ch. 183, § 5.
ANNOTATIONSEffective dates. — Laws 2003, ch. 183 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 20, 2003, 90 days after adjournment of the legislature.
