New Mexico Statutes

§ 21-1-27 — Higher education department; distribution of available

New Mexico § 21-1-27
JurisdictionNew Mexico
Ch. 21State and Private Education Institutions
Art. 1General Provisions Relating to State Educational

This text of New Mexico § 21-1-27 (Higher education department; distribution of available) 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. § 21-1-27 (2026).

Text

funds. In its distribution of available funds and its adjustment and approval of budgets, the higher education department shall not, in any event or in any manner, substitute for public funds any gift, donation, private endowment, patent income or other gratuity received or enjoyed by an institution in determining the adequate financing of an institution under its charge.

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Legislative History

1953 Comp., § 73-29-15.1, enacted by Laws 1965, ch. 267, § 1; 1986, ch. 24,

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Bluebook (online)
New Mexico § 21-1-27, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/21/21-1-27.