The repeal of sections or parts of sections of the Educational Assistance Act does not affect the existence of the educational assistance foundation created pursuant to that act or its activities in relation to bonds issued and outstanding or the servicing of student loans outstanding, including any special status of the foundation or dispensation granted to the foundation prior to the effective date of this 2011 act in other provisions of law.
§ 21-21A-24 NMSA 1978
Educational assistance; foundation activities not affected by repeal
Known as the Educational Assistance Act
The act spans §§ 21–21 (25 sections).
Laws 2011, ch. 168, § 8.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.