A. The board of regents of New Mexico state university may establish a New Mexico state university campus in San Luis Potosi, Mexico.
B. The university shall not use state funds for capital investment or make financial contributions to private investors for the operation of the San Luis Potosi campus. Student and other data from the San Luis Potosi campus shall not be used to calculate instruction and general purposes for New Mexico state university or for capital funding.
C. Any contract between New Mexico state university and any private vendor or contractor entered into pursuant to the authority granted by this section shall be subject to resolution of disputes by international arbitration or to the jurisdiction of the district court of the third judicial district of New Mexico. The university's financial information related to the operation and financing of the San Luis Potosi campus is subject to the Audit Act [12-6-1 to 12-6-14 NMSA 1978]. Nothing in this section serves as a waiver of the Inspection of Public Records Act [Chapter 14, Article 2 NMSA 1978], the Open Meetings Act [Chapter 10, Article 15 NMSA 1978] or the Procurement Code [13-1-28 to 13-1-199 NMSA 1978].
History: Laws 2019, ch. 267, § 1.
Effective dates. — Laws 2019, ch. 267 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 14, 2019, 90 days after the adjournment of the legislature.
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