Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 21-28-19 - Gifts by persons, corporations, institutions and associations — New Mexico Law | CourtGPT
  1. Home/
  2. Laws/
  3. New Mexico/
  4. Chapter 21 - State and Private Education Institutions/
  5. Article 28 - University Research Park and Economic Development/
  6. Section 21-28-19 - Gifts by persons, corporations, institutions and associations
New Mexico Legal Code

Section 21-28-19 - Gifts by persons, corporations, institutions and associations

Ask AI about this
A. Any person or domestic corporation or association may make contributions or gifts, grants, bequests, devises or loans to a research park corporation. B. Any university or nonprofit corporation having funds available for research and development, regardless of the provisions of its charter, certificate of incorporation or other articles of organization including bylaws, may loan the funds to a research park corporation under such terms and conditions as may be mutually agreed upon for the purposes of a research park. History: Laws 1989, ch. 264, § 19.