Educational assistance; nonprofit corporation status not affected by repeal.

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The repeal of sections or parts of sections of the Educational Assistance Act does not affect the existence of the educational assistance nonprofit corporation created pursuant to that act or its designation as the single nonprofit corporation authorized to provide a statewide educational loan program for the purposes of the federal Higher Education Act of 1965.

History: Laws 2011, ch. 168, § 9.

ANNOTATIONS

Effective dates. — Laws 2011, ch. 168 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 17, 2011, 90 days after the adjournment of the legislature.

Cross references. — For the federal Higher Education Act of 1965, see 20 U.S.C. § 1001 et seq.


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