New Mexico Statutes

§ 21-28-14 — Limitation of liability

New Mexico § 21-28-14
JurisdictionNew Mexico
Ch. 21State and Private Education Institutions
Art. 28University Research Park and Economic Development

This text of New Mexico § 21-28-14 (Limitation of liability) 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. § 21-28-14 (2026).

Text

The members of the board of directors of a research park corporation, while acting within the scope of their authority, and any person acting in their behalf, while acting within the scope of the person's authority, shall not be personally liable for the corporation's obligations.

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Legislative History

Laws 1989, ch. 264, § 14; 1991, ch. 220, § 3.

Nearby Sections

15
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Bluebook (online)
New Mexico § 21-28-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/21/21-28-14.