Section 21-31-1 – Short title.
This act [21-31-1 to 21-31-4 NMSA 1978] may be cited as the “Student Athlete Endorsement Act”. History: Laws 2021, ch. 124, § 1. ANNOTATIONS Effective dates. — Laws 2021, ch. 124 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 18, 2021, 90 days after adjournment of […]
Section 21-31-2 – Definitions.
As used in the Student Athlete Endorsement Act: A. “post-secondary educational institution” means an academic, vocational, technical, business, professional or other school, college or university or other organization or person offering or purporting to offer courses, instruction, training or education from a physical site in New Mexico, through distance education, correspondence or in person; B. […]
Section 21-31-3 – Student athlete compensation.
A. A post-secondary educational institution shall not: (1) uphold any rule, requirement, standard or other limitation that prevents a student athlete of that institution from fully participating in athletics without penalty: (a) for receiving food, shelter, medical expenses or insurance from a third party; or (b) for earning compensation from a third party as a […]
Section 21-31-4 – Professional representation.
A post-secondary educational institution shall not interfere with or prevent a student athlete from fully participating in athletics for obtaining representation unaffiliated with a post-secondary educational institution or its partners in relation to contracts or legal matters. An entity or individual that represents a post-secondary educational institution or has represented that post-secondary educational institution in […]
Section 21-30-6 – Authorization of surcharge and other fees; use of proceeds; transfer.
A. The board may establish by resolution an athletic facility surcharge of not less than five percent but not to exceed twenty-five percent of the revenues received by a vendor pursuant to each vendor contract entered into by the university. B. The athletic facility surcharge shall be imposed only for the period necessary for payment […]
Section 21-30-7 – Collection of athletic facility surcharge; remittance to university.
A. Upon the sale of a product or service subject to the athletic facility surcharge, a vendor shall collect the athletic facility surcharge from the purchaser of that product or service on behalf of the university and shall act as a trustee for the surcharge receipts. A purchaser of a product or service subject to […]
Section 21-30-8 – Audits.
The board shall provide by resolution a method to audit or otherwise ensure that vendors subject to the athletic facility surcharge collect and remit to the president the full amount of the surcharge receipts due to the university. History: Laws 2007, ch. 117, § 9. ANNOTATIONS Emergency clause. — Laws 2007, ch. 117, § 12 […]
Section 21-30-9 – Enforcement; penalties.
A. An action to enforce the imposition and collection of an athletic facility surcharge by a vendor may be brought by a university. B. A district court may issue an appropriate judgment, order or remedy to enforce the provisions of a vendor contract. C. A judgment issued by a district court requiring athletic facility surcharge […]
Section 21-30-10 – Liberal interpretation.
The University Athletic Facility Funding Act shall be liberally construed to carry out its purpose. History: Laws 2007, ch. 117, § 11. ANNOTATIONS Emergency clause. — Laws 2007, ch. 117, § 12 contained an emergency clause and was approved March 30, 2007.
Section 21-30-1 – Short title.
Sections 2 through 11 [21-30-1 to 21-30-10 NMSA 1978] of this act may be cited as the “University Athletic Facility Funding Act”. History: Laws 2007, ch. 117, § 2. ANNOTATIONS Emergency clauses. — Laws 2007, ch. 117, § 12 contained an emergency clause and was approved March 30, 2007.