New Mexico § 21-21A-21 Dissolution of foundation

New Mexico Statutes

§ 21-21A-21 — Dissolution of foundation

New Mexico·Ch. 21 State and Private Education Institutions·Art. 21A Educational Assistance

Upon termination or dissolution, all rights and properties of the foundation shall pass to and be vested in the state, subject to the rights of any bondholders, lienholders and other creditors.

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New Mexico § 21-21A-21 (Dissolution of foundation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Laws 1981, ch. 319, § 21; 2011, ch. 168, § 7.

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