{"data":{"id":"us-nm/53-7a-5","jurisdiction":"us-nm","citation":"53-7A-5","heading":"Corporation; duties.","body":"Pursuant to policies established by its board of directors and as directed by its president, the corporation shall:\nA. establish relationships with communities throughout New Mexico in order to understand their economic development goals;\nB. work for those communities in recruiting the types of businesses and jobs that have been identified by the communities;\nC. solicit economic development funds from federal and private sources;\nD. participate in economic development conferences and job fairs in order to educate businesses throughout the country and the world on the economic benefits and other attractions of New Mexico;\nE. sponsor such forums and conferences as are necessary in order to empower New Mexico businesses and citizens with those business skills needed to compete in a worldwide economy; and\nF. perform such other activities as are needed to further the purposes of the Economic Development Corporation Act.","path":["Chapter 53 - Corporations","ARTICLE 7A Economic Development Corporation"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18556/index.do","current_through":"2025-06-20","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"408cdd95554ef3ef97090e4a06a1dad2aafdb3d5616d6aef817d156cd591ec6e","source_id":"us-nm","stale":false,"prev":"us-nm/53-7a-4","next":"us-nm/53-7a-6"},"notice":"GroundRules: Original legal text. Not legal advice."}