N.M. Stat. § 21-1-17

This is the official text of N.M. Stat. § 21-1-17, part of New Mexico’s Stat — part of the compiled statutory law of New Mexico, published by the state as "Stat." Browse the sections below, each linked to its official government source.

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§ 21-1-17. Interest in contracts by board members or employees prohibited

Official statutory text

No employee or member of a board of regents of a state educational institution shall have direct or indirect financial interest in any contract for building or improving any of that state educational institution or for the furnishing of supplies or services to that institution except as permitted pursuant to the University Research Park and Economic Development Act 1 or the New Mexico Research Applications Act, or unless it complies with provisions of the Governmental Conduct Act 2 and the Procurement Code. 3

Status: in_force

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.