The purpose of the University Research Park and Economic Development Act is to: A. promote the public welfare and prosperity of the people of New Mexico; B. foster economic development within New Mexico; C. forge links between New Mexico's educational institutions, business and industrial communities and government through the development of research parks on university real property; or D. engage in other cooperative ventures of innovative technological significance that will advance education, science, research, conservation, health care or economic development within New Mexico. History: Laws 1989, ch. 264, § 2; 1998, ch. 54, § 1; 2007, ch. 247, § 2. ANNOTATIONSThe 2007 amendment, effective June 15, 2007, changed the title of the act. The 1998 amendment, effective May 20, 1998, added the Subsection designations; in Subsection B, substituted 'New Mexico' for 'the state by forging'; in Subsection C, inserted 'forge', substituted 'New Mexico's' for 'the state's', and deleted 'through' at the end; in Subsection D, inserted 'engage in', substituted 'that' for 'which', inserted 'science', 'conservation, health care' and substituted 'New Mexico' for 'the state'.
New Mexico Legal Code