{"data":{"id":"us-nm/53-7b-9","jurisdiction":"us-nm","citation":"53-7B-9","heading":"Contracts involving public employees.","body":"Except as provided in Section 10 of the New Mexico Research Applications Act, the research applications center shall not enter into any contract involving services or property of a value in excess of twenty thousand dollars ($20,000) with an employee of the state or one of its agencies, instrumentalities, institutions or political subdivisions or with a business in which the employee has a controlling interest unless the board makes a determination, in writing, that the employee:\nA. is employed by a university;\nB. is principally involved in research, public service, economic development or instruction; and\nC. is able to provide services that are not readily available from another person or is able to provide services that are less expensive or of higher quality than are otherwise available.","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":"c6c7dfdea168d8255d203460156f0f93aa1c1a17de3a2972fdfc129df6855a8d","source_id":"us-nm","stale":false,"prev":"us-nm/53-7b-8","next":"us-nm/53-7b-10"},"notice":"GroundRules: Original legal text. Not legal advice."}