N.M. Stat. § 58-29-2

Current through 2024, ch. 69

Section 58-29-2 - Purposes

The purposes of the Small Business Investment Act are to:

A. implement the provisions of Subsection D of Section 14 of Article 9 of the constitution of New Mexico to create new job opportunities by providing capital for land, buildings or infrastructure for facilities to support new or expanding businesses; and

B. otherwise make debt investments and equity investments to create new job opportunities to support new or expanding businesses in a manner consistent with the constitution of New Mexico.

NMS § 58-29-2

Laws 2000, ch. 97, § 4; 2003, ch. 399, § 5.