{"data":{"id":"us-nm/53-7b-3","jurisdiction":"us-nm","citation":"53-7B-3","heading":"Definitions.","body":"As used in the New Mexico Research Applications Act:\nA. \"board\" means the board of directors of the research applications center;\nB. \"department\" means the economic development department;\nC. \"research applications center\" means the nonprofit corporation created pursuant to the Nonprofit Corporation Act [Chapter 53, Article 8 NMSA 1978] and the New Mexico Research Applications Act;\nD. \"technological innovations\" includes research, development, prototype assembly, manufacturing, patenting, licensing, marketing and sale of inventions, ideas, practices, applications, processes, machines and technology and related property rights of all kinds; and\nE. \"university\" means:\n(1) a New Mexico educational institution named in Article 12, Section 11 of the constitution of New Mexico;\n(2) a community college organized pursuant to the Community College Act [Chapter 21, Article 13 NMSA 1978]; or\n(3) a technical and vocational institute organized pursuant to the Technical and Vocational Institute Act [Chapter 21, Article 16 NMSA 1978].","path":["Chapter 53 - Corporations","ARTICLE 7B New Mexico Research Applications"],"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":"654d6fae8a43aa27e87db864b0137ac719403f31ee1deb6c08e3a0382b41316b","source_id":"us-nm","stale":false,"prev":"us-nm/53-7b-2","next":"us-nm/53-7b-4"},"notice":"GroundRules: Original legal text. Not legal advice."}