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Current as of January 01, 2024 | Updated by FindLaw Staff
A. The board of regents of New Mexico state university may establish a New Mexico state university campus in San Luis Potosi, Mexico.
B. The university shall not use state funds for capital investment or make financial contributions to private investors for the operation of the San Luis Potosi campus. Student and other data from the San Luis Potosi campus shall not be used to calculate instruction and general purposes for New Mexico state university or for capital funding.
C. Any contract between New Mexico state university and any private vendor or contractor entered into pursuant to the authority granted by this section shall be subject to resolution of disputes by international arbitration or to the jurisdiction of the district court of the third judicial district of New Mexico. The university's financial information related to the operation and financing of the San Luis Potosi campus is subject to the Audit Act. Nothing in this section serves as a waiver of the Inspection of Public Records Act, the Open Meetings Act or the Procurement Code.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 21. State and Private Education Institutions § 21-8-44. Public-private partnership for university campus in San Luis Potosi, Mexico - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-21-state-and-private-education-institutions/nm-st-sect-21-8-44/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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