On termination or dissolution of a research park corporation, all rights and properties of the research park corporation shall pass to and be vested in the university which formed the research park corporation, subject to the rights of any bondholders, lienholders, creditors or ownership interests in the research park corporation.
§ 21-28-21 NMSA 1978
Dissolution of research park corporation
Known as the University Research Park and Economic Development Act
The act spans §§ 21–21 (25 sections).
Laws 1989, ch. 264, § 21; 1991, ch. 220, § 5.
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.