As used in the Historic Preservation Loan Act [18-6-18 to 18-6-23 NMSA 1978]:
A. "committee" means the cultural properties review committee;
B. "division" means the historic preservation division of the cultural affairs department;
C. "fund" means the historic preservation loan fund;
D. "property owner" means the sole owner, joint owner, owner in partnership or corporate owner of a registered cultural property. As used in this subsection, the term "property owner" includes the owner of a leasehold interest in a registered cultural property, if the term of the lease is not less than nineteen years; and
E. "registered cultural property" means a site, structure, building or object entered in the state register of cultural properties or the national register of historic places or both.
History: Laws 1987, ch. 7, § 3; 2004, ch. 25, § 33.
ANNOTATIONSThe 2004 amendment, effective May 19, 2004, in Subsection B, changed "office of cultural affairs" to "cultural affairs department".