Institute not conducted for gain.

  1. Law
  2. New Mexico Statutes
  3. State and Private Education Institutions
  4. New Mexico State University
  5. Institute not conducted for gain.

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The building materials research and testing institute shall not be conducted for the private or personal gain of anyone connected with it, or for the sole benefit of any individual, firm or corporation.

History: 1953 Comp., § 73-26-31, enacted by Laws 1967, ch. 130, § 5.

ANNOTATIONS

Am. Jur. 2d, A.L.R. and C.J.S. references. — 15A Am. Jur. 2d Colleges and Universities §§ 9, 43.

Power of corporation organized for religious, educational, or charitable purpose, to engage in enterprise for profit, 100 A.L.R. 579.

14A C.J.S. Colleges and Universities § 8.


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