New Mexico Statutes

§ 21-21A-21 — Dissolution of foundation

New Mexico § 21-21A-21

JurisdictionNew Mexico

Ch. 21State and Private Education Institutions

Art. 21AEducational Assistance

This text of New Mexico § 21-21A-21 (Dissolution of foundation) 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. § 21-21A-21 (2026).

Text

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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Legislative History

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

Nearby Sections

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Bluebook (online)

New Mexico § 21-21A-21, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/21/21-21A-21.