New Mexico § 9-15-53 Definitions

New Mexico Statutes

§ 9-15-53 — Definitions

New Mexico·Ch. 9 Executive Department·Art. 15 Economic Development Department

As used in the Minority Business Assistance Act [9-15-52 to 9-15-55 NMSA 1978]: A. "department" means the economic development department; and B. "minority business" means a business, with its principal place of business in New Mexico:

(1)the majority ownership of which is held by individuals who are residents of New Mexico and African Americans, Hispanic Americans, Asian Americans or Native Americans; and (2) that employs twenty or fewer people.

Free access — add to your briefcase to read the full text and ask questions with AI

As used in the Minority Business Assistance Act [9-15-52 to 9-15-55 NMSA 1978]: A. "department" means the economic development department; and B. "minority business" means a business, with its principal place of business in New Mexico: (1) the majority ownership of which is held by individuals who are residents of New Mexico and African Americans, Hispanic Americans, Asian Americans or Native Americans; and (2) that employs twenty or fewer people.

New Mexico § 9-15-53 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.