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Current as of January 01, 2024 | Updated by Findlaw Staff
The purpose of the Spaceport Development Act is to:
A. encourage and foster development of the state and its cities and counties by developing spaceport facilities in New Mexico;
B. actively promote and assist public and private sector infrastructure development to attract new industries and businesses, thereby creating new job opportunities in the state;
C. create the statutory framework that will enable the state to design, finance, construct, equip and operate spaceport facilities necessary to ensure the timely, planned and efficient development of a southwest regional spaceport; and
D. promote educational involvement in spaceport activities and education and training of the workforce to develop the skills needed for spaceport operations.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 58. Financial Institutions and Regulations § 58-31-2. Purpose - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-58-financial-institutions-and-regulations/nm-st-sect-58-31-2/
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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