The purpose of the University Research Park and Economic Development Act is to:
A. promote the public welfare and prosperity of the people of New Mexico;
B. foster economic development within New Mexico;
C. forge links between New Mexico's educational institutions, business and industrial communities and government through the development of research parks on university real property; or
D. engage in other cooperative ventures of innovative technological significance that will advance education, science, research, conservation, health care or economic development within New Mexico.
History: Laws 1989, ch. 264, § 2; 1998, ch. 54, § 1; 2007, ch. 247, § 2.
ANNOTATIONSThe 2007 amendment, effective June 15, 2007, changed the title of the act.
The 1998 amendment, effective May 20, 1998, added the Subsection designations; in Subsection B, substituted "New Mexico" for "the state by forging"; in Subsection C, inserted "forge", substituted "New Mexico's" for "the state's", and deleted "through" at the end; in Subsection D, inserted "engage in", substituted "that" for "which", inserted "science", "conservation, health care" and substituted "New Mexico" for "the state".