New Mexico Statutes

§ 23-1-2 — [Sale or lease of lands; disposition of proceeds.]

New Mexico·Ch. 23 State Health Institutions·Art. 1 General Provisions
The New Mexico college of agriculture and mechanic arts [New Mexico state university] and all other state, educational and charitable institutions, in New Mexico, are authorized to expend the funds derived from the sale and lease of their lands, or so much thereof as may be necessary which are placed to the credit of the respective institutions, for buildings, equipment and other permanent improvements.

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New Mexico § 23-1-2 ([Sale or lease of lands; disposition of proceeds.]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Laws 1905, ch. 72, § 1; Code 1915, § 5153; C.S. 1929, § 130-1303; 1941

Nearby Sections

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