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Current as of January 01, 2024 | Updated by Findlaw Staff
As used in the New Mexico Research Applications Act:
A. “board” means the board of directors of the research applications center;
B. “department” means the economic development department;
C. “research applications center” means the nonprofit corporation created pursuant to the Nonprofit Corporation Act and the New Mexico Research Applications Act;
D. “technological innovations” includes research, development, prototype assembly, manufacturing, patenting, licensing, marketing and sale of inventions, ideas, practices, applications, processes, machines and technology and related property rights of all kinds; and
E. “university” means:
(1) a New Mexico educational institution named in Article 12, Section 11 of the constitution of New Mexico;
(2) a community college organized pursuant to the Community College Act; or
(3) a technical and vocational institute organized pursuant to the Technical and Vocational Institute Act.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 53. Corporations § 53-7B-3. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-53-corporations/nm-st-sect-53-7b-3/
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 before relying on it for your legal needs.
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