Section 21-11-20 – [Interest and retirement fund established.]
At the time of issuing said bonds the regents shall establish for the payment of the principal and interest thereof a fund to be known as “interest and retirement fund” into which fund said regents shall immediately place a sum not less than the amount necessary to pay the interest and maturing principal of said […]
Section 21-11-21 – [Pledge of income to retirement of bonds and payment of interest.]
For the faithful and prompt payment of all interest and principal of said bonds as and when the same shall mature according to the tenor thereof, the issue thereof shall constitute an irrevocable pledge by said regents of so much of each year’s income from the permanent fund of the New Mexico school of mines […]
Section 21-11-22 – [Forwarding of funds for payment of bonds and interest coupons.]
The secretary and treasurer of said regents shall forward to the bank at which said bonds are payable, prior to the date on which any coupons or principal of any of said bonds shall mature, out of the “interest and retirement fund” a sufficient sum of money to meet said coupons and maturing bonds as […]
Section 21-11-8.5 – Repealed.
History: Laws 2005, ch. 81, § 1; repealed by Laws 2009, ch. 66, § 15. ANNOTATIONS Repeals. — Laws 2009, ch. 66, § 15 repealed 21-11-8.5 NMSA 1978, as enacted by Laws 2005, ch. 81, § 1, relating to the technology research collaborative, effective April 2, 2009. For provisions of former section, see the 2008 […]
Section 21-11-8.6 – Technology research collaborative created; purpose.
A. The “technology research collaborative” is created. The New Mexico institute of mining and technology shall be the fiscal agent for the collaborative. B. Participating institutions associated with the collaborative shall include national laboratories, other major research institutes and all of the post-secondary educational institutions in New Mexico. C. The purpose of the collaborative is […]
Section 21-11-9 – [Departmental faculties.]
The immediate government of their several departments shall be entrusted to their several faculties. History: Laws 1889, ch. 138, § 34; C.L. 1897, § 3599; Code 1915, § 5145; C.S. 1929, § 130-1107; 1941 Comp., § 55-2607; 1953 Comp., § 73-27-9. ANNOTATIONS Bracketed material. — The bracketed material was inserted by the compiler and is […]
Section 21-11-10 – [Conferring degrees; granting diplomas.]
The board of regents shall have power to confer such degrees and grant such diplomas as are usually conferred and granted by other similar schools. History: Laws 1889, ch. 138, § 35; C.L. 1897, § 3600; Code 1915, § 5146; C.S. 1929, § 130-1108; 1941 Comp., § 55-2608; 1953 Comp., § 73-27-10. ANNOTATIONS Bracketed material. […]
Section 21-11-11 – [Removal of officers, faculty members and employees.]
The regents shall have power to remove any officer, tutor or instructor, or employee connected with said school [New Mexico institute of mining and technology], when in their judgment the best interests of said school [institute] require it. History: Laws 1889, ch. 138, § 36; C.L. 1897, § 3601; Code 1915, § 5147; C.S. 1929, […]
Section 21-11-12 – [Charges for assays and other services; disposition of amounts collected.]
The board of regents shall require such compensation for all assays, analyses, mill tests or other services performed by said institution as they [it] may deem reasonable, and the same shall be collected and paid into the treasury of the school of mines [New Mexico institute of mining and technology] for said institution, and an […]
Section 21-11-13 – [Designated the state’s school of mines.]
The New Mexico school of mines [New Mexico institute of mining and technology] shall be the state school of mines. History: Laws 1889, ch. 138, § 39; C.L. 1897, § 3604; Code 1915, § 5150; C.S. 1929, § 130-1112; 1941 Comp., § 55-2611; 1953 Comp., § 73-27-13. ANNOTATIONS Bracketed material. — The bracketed material was […]