New Mexico § 58-31-2 Purpose

New Mexico Statutes

§ 58-31-2 — Purpose

New Mexico § 58-31-2

Ch. 58Financial Institutions and Regulations

Art. 31Spaceport Development

This text of New Mexico § 58-31-2 (Purpose) 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. § 58-31-2 (2026).

Text

The purpose of the Spaceport Development Act is to: A. encourage and foster development of the state and its cities and counties by developing spaceport facilities in New Mexico; B. actively promote and assist public and private sector infrastructure development to attract new industries and businesses, thereby creating new job opportunities in the state; C. create the statutory framework that will enable the state to design, finance, construct, equip and operate spaceport facilities necessary to ensure the timely, planned and efficient development of a southwest regional spaceport; and D. promote educational involvement in spaceport activities and education and training of the workforce to develop the skills needed for spaceport operations.

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The purpose of the Spaceport Development Act is to: A. encourage and foster development of the state and its cities and counties by developing spaceport facilities in New Mexico; B. actively promote and assist public and private sector infrastructure development to attract new industries and businesses, thereby creating new job opportunities in the state; C. create the statutory framework that will enable the state to design, finance, construct, equip and operate spaceport facilities necessary to ensure the timely, planned and efficient development of a southwest regional spaceport; and D. promote educational involvement in spaceport activities and education and training of the workforce to develop the skills needed for spaceport operations.