Section 21-7-4 - [Corporate powers of board.]

NM Stat § 21-7-4 (2019) (N/A)
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The regents of the university and their successors in office shall constitute a body corporate under the name and style of, the regents of the university of New Mexico, with the right, as such, of suing and being sued, or contracting and being contracted with, of making and using a common seal and altering the same at pleasure.

History: Laws 1889, ch. 138, § 11; C.L. 1897, § 3573; Code 1915, § 5120; C.S. 1929, § 130-904; 1941 Comp., § 55-2404; 1953 Comp., § 73-25-4.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

Extent of obligation to injured workmen. — This statute imposes upon board of regents no legal obligation to compensate financially for injuries sustained by their workmen in the course of their employment. Zamora v. Regents of Univ. of N.M., 1955-NMSC-077, 60 N.M. 41, 287 P.2d 237.

Power to transfer university land. — A transfer of property owned by the university of New Mexico should be made by the board of regents. 1914 Op. Att'y Gen. No. 14-1230.

The board of regents is a public corporation of this state as distinguished from a private or business corporation. 1964 Op. Att'y Gen. No. 64-54.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 15A Am. Jur. 2d Colleges and Universities § 3.

14A C.J.S. Colleges and Universities § 2.