The commission [department] may cancel a contract between it and a loan recipient for any reasonable cause deemed sufficient by the commission [department].
History: Laws 2001, ch. 288, § 9.
ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
For designation of the commission on higher education as the higher education department, see 9-25-4.1 NMSA 1978.
Effective dates. — Laws 2001, ch. 288, § 11 made the Teacher Loan for Service Act effective July 1, 2001.