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Current as of January 01, 2024 | Updated by FindLaw Staff
Upon termination or dissolution, all rights and properties of the foundation shall pass to and be vested in the state, subject to the rights of any bondholders, lienholders and other creditors.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 21. State and Private Education Institutions § 21-21A-21. Dissolution of foundation - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-21-state-and-private-education-institutions/nm-st-sect-21-21a-21/
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