New Mexico Statutes
§ 72-17-18 — Interest in contracts and property disqualifications
New Mexico § 72-17-18
This text of New Mexico § 72-17-18 (Interest in contracts and property disqualifications) 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. § 72-17-18 (2026).
Text
No director nor officer, employee or agent of the authority may be interested in any contract or transaction with the authority except in his official representative capacity, or as provided, except for any contract of employment with the authority. Neither the holding of any office or employment in the government of any public body or the federal government nor the owning of any property within the state, within or without the authority, may be deemed a disqualification for membership on the board or employment by the authority, nor a disqualification for compensation for services as an officer, employee or agent of the authority, except as provided in Section 17 [72-17-17 NMSA 1978] hereof.
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Legislative History
1953 Comp., § 75-38-18, enacted by Laws 1967, ch. 156, § 18.
Nearby Sections
15
§ 72-1-1
Natural waters; public§ 72-1-12
Indian water rights settlement fund§ 72-1-2.5
Pecos river basin land management fund§ 72-1-6
[Traveler's use of water.]Cite This Page — Counsel Stack
Bluebook (online)
New Mexico § 72-17-18, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/72/72-17-18.