New Mexico Statutes
§ 21-1-21 — Capital expenditures
New Mexico § 21-1-21
JurisdictionNew Mexico
Ch. 21State and Private Education Institutions
Art. 1General Provisions Relating to State Educational
This text of New Mexico § 21-1-21 (Capital expenditures) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 21-1-21 (2026).
Text
No expenditure shall be made by any state educational institution confirmed by Article 12, Section 11 of the state constitution for the purchase of real property or the construction of buildings or other major structures or for major remodeling projects without prior approval of the proposed purchase or construction or remodeling by the board of educational finance and the state board of finance.
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Legislative History
1953 Comp., § 73-30-15.1, enacted by Laws 1971, ch. 235, § 4.
Nearby Sections
15
§ 21-1-10
Delegation of authority§ 21-1-11
[Allocation of funds.]§ 21-1-12
[Annual reports; contents.]§ 21-1-19
[Oaths of board members; filing.]Cite This Page — Counsel Stack
Bluebook (online)
New Mexico § 21-1-21, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/21/21-1-21.