{"data":{"id":"us-nm/21-5-12","jurisdiction":"us-nm","citation":"21-5-12","heading":"[Authority to borrow money; purposes.]","body":"That for the purpose of erecting, altering, improving, furnishing and equipping any necessary buildings or structures at the New Mexico institute for the blind [New Mexico school for the blind and visually impaired], or acquiring any necessary land for the use of said institute or for the retiring of the whole or any part of any series bonds, previously issued by said institute [school] under the provisions of law, or for any or all of such purposes, the board of regents or directors of the New Mexico institute for the blind [New Mexico school for the blind and visually impaired] is hereby authorized to borrow money for such purposes in conformity with the terms of this act [21-5-12, 21-5-13, 21-5-15 to 21-5-23 NMSA 1978].","path":["Chapter 21 - State and Private Education Institutions","ARTICLE 5 New Mexico School for the Blind and Visually Impaired"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18521/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"e857904ee3d3737deb7c93d04dc3a12433db47f6b8e11d1afc4214f3939734a0","source_id":"us-nm","stale":false,"prev":"us-nm/21-5-9","next":"us-nm/21-5-13"},"notice":"GroundRules: Original legal text. Not legal advice."}