New Mexico § 53-7A-5 Corporation; duties

New Mexico Statutes

§ 53-7A-5 — Corporation; duties

New Mexico § 53-7A-5

Ch. 53Corporations

Art. 7AEconomic Development Corporation

This text of New Mexico § 53-7A-5 (Corporation; duties) 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. § 53-7A-5 (2026).

Text

Pursuant to policies established by its board of directors and as directed by its president, the corporation shall: A. establish relationships with communities throughout New Mexico in order to understand their economic development goals; B. work for those communities in recruiting the types of businesses and jobs that have been identified by the communities; C. solicit economic development funds from federal and private sources; D. participate in economic development conferences and job fairs in order to educate businesses throughout the country and the world on the economic benefits and other attractions of New Mexico; E. sponsor such forums and conferences as are necessary in order to empower New Mexico businesses and citizens with those business skills needed to compete in a worldwide 

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Pursuant to policies established by its board of directors and as directed by its president, the corporation shall: A. establish relationships with communities throughout New Mexico in order to understand their economic development goals; B. work for those communities in recruiting the types of businesses and jobs that have been identified by the communities; C. solicit economic development funds from federal and private sources; D. participate in economic development conferences and job fairs in order to educate businesses throughout the country and the world on the economic benefits and other attractions of New Mexico; E. sponsor such forums and conferences as are necessary in order to empower New Mexico businesses and citizens with those business skills needed to compete in a worldwide economy; and F. perform such other activities as are needed to further the purposes of the Economic Development Corporation Act.