N.M. Stat. § 21-21A-21

Current through 2024, ch. 69

Section 21-21A-21 - Dissolution of foundation

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.

NMS § 21-21A-21

Laws 1981, ch. 319, § 21; 2011, ch. 168, § 7.

Amended by 2011, c. 168,s. 7, eff. 6/17/2011.