New Mexico § 21-1-17 - Interest in contracts by board members or employees prohibited
Full text of New Mexico New Mexico Statutes Annotated § 21-1-17 — Interest in contracts by board members or employees prohibited, with citation guidance and answers to common questions.
§ 21-1-17. Interest in contracts by board members or employees prohibited
No employee or member of a board of regents of a state educational institution shall
have direct or indirect financial interest in any contract for building or improving
any of that state educational institution or for the furnishing of supplies or services
to that institution except as permitted pursuant to the University Research Park and
Economic Development Act 1 or the New Mexico Research Applications Act, or unless it complies with provisions
of the Governmental Conduct Act 2 and the Procurement Code. 3 1
NMSA 1978, § 21-28-1 et seq. 2
NMSA 1978, § 10-16-1 et seq. 3
NMSA 1978, § 13-1-21 et seq.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 21-1-17
What does New Mexico Statutes Annotated § 21-1-17 cover?
Section 21-1-17 ("Interest in contracts by board members or employees prohibited") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 21-1-17?
A common citation format is "New Mexico Statutes Annotated § 21-1-17" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 21-1-17 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.