Section 21-27-3 – Definitions.
As used in the Two-Year College Maintenance Act: A. “board” [“commission” [“department”]] means the board of educational finance [commission on higher education [higher education department]] created pursuant to Section 21-1-26 NMSA 1978; B. “fund” means the two-year college maintenance fund; and C. “qualifying institution” means a statutorily created branch community college, a junior college or […]
Section 21-27-4 – Two-year college maintenance fund; created; use of the fund.
A. The “two-year college maintenance fund” is created in the state treasury. The fund shall consist of such money as the legislature may from time to time appropriate. The fund shall be invested by the state treasurer as other funds are invested. Balances remaining in the fund at the end of each fiscal year shall […]
Section 21-27-5 – Distributions from the fund; approval by the board required.
A. A qualifying institution shall make application to the board for distribution of its allocation, or any part thereof, only for any of the purposes enumerated in Section 4 [21-27-4 NMSA 1978] of the Two-Year College Maintenance Act. B. No distribution shall be made to any qualifying institution until the board [commission [department]] has approved […]
Section 21-28-1 – Short title.
Chapter 21, Article 28 NMSA 1978 may be cited as the “University Research Park and Economic Development Act”. History: Laws 1989, ch. 264, § 1; 2007, ch. 247, § 1. ANNOTATIONS The 2007 amendment, effective June 15, 2007, changed the statutory reference to the act and the title of the act to add “Economic Development”.
Section 21-24-5 – Registration; surety bond.
A. No agent representing a proprietary school shall sell any course or solicit students in person or by mail, telephone or similar means in New Mexico for a consideration unless the institution has registered with the commission [department]. The commission [department] shall charge an annual registration fee of not less than five hundred dollars ($500) […]
Section 21-24-6 – Rules and regulations.
The commission [department] shall adopt rules and regulations for the administration and enforcement of the Out-of-State Proprietary School Act. History: 1953 Comp., § 73-41-6, enacted by Laws 1971, ch. 304, § 6; 1975, ch. 107, § 2; 1994, ch. 108, § 25. ANNOTATIONS Bracketed material. — The bracketed material was inserted by the compiler and […]
Section 21-24-7 – Enforcement.
The commission [department] or any state or local prosecuting officer may, by request or on his own motion, bring an appropriate action in any court of competent jurisdiction to enforce the provisions of the Out-of-State Proprietary School Act. History: 1953 Comp., § 73-41-7, enacted by Laws 1971, ch. 304, § 7; 1975, ch. 107, § […]
Section 21-24-8 – Judicial review.
Any final determination of the commission [department] respecting the issuance, denial or revocation of a registration may be appealed to the district court pursuant to the provisions of Section 39-3-1.1 NMSA 1978. History: 1953 Comp., § 73-41-8, enacted by Laws 1971, ch. 304, § 8; 1975, ch. 107, § 4; 1994, ch. 108, § 27; […]
Section 21-24-9 – Penalty.
Any person who violates any provision of Section 21-24-4 or 21-24-5 NMSA 1978 is guilty of a misdemeanor and shall be punished by a fine of not more than one thousand dollars ($1,000) or imprisonment for not more than six months or both. History: 1953 Comp., § 73-41-9, enacted by Laws 1971, ch. 304, § […]
Section 21-25-1 – Board of educational finance [higher education department] approval.
The board of educational finance [commission on higher education [higher education department]] shall be responsible for the approval of courses offered in New Mexico by nonproprietary out-of-state institutions. History: 1953 Comp., § 73-41A-1, enacted by Laws 1977, ch. 4, § 1. ANNOTATIONS Bracketed material. — The bracketed material was inserted by the compiler and is […]