N.M. Stat. § 23-1-2
This is the official text of N.M. Stat. § 23-1-2, 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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§ 23-1-2. Sale or lease of lands; disposition of proceeds
Official statutory text
The New Mexico college of agriculture and mechanic arts [New Mexico state university] and all other state, educational and charitable institutions, in New Mexico, are authorized to expend the funds derived from the sale and lease of their lands, or so much thereof as may be necessary which are placed to the credit of the respective institutions, for buildings, equipment and other permanent improvements.
Status: in_force
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