§ 49-6-1 [Jurisdiction vested in district court.]
§ 49-6-2 [Appointment of board of trustees.]
§ 49-6-3 [Board of trustees; number; residence qualification.]
§ 49-6-4 [Officers; quorum in board meetings.]
§ 49-6-5 [Control of board by court.]
§ 49-6-6 [Bonds of trustees.]
§ 49-6-7 [Compensation of trustees.]
§ 49-6-8 [Transaction of business by board; authority of district court to make rules.]
§ 49-6-9 [Lease, sale or mortgage of land.]
§ 49-6-10 [Vested rights not affected; issuance of deeds; prior deeds validated.]
§ 49-6-11 [Investment of funds; permanent school fund established.]
§ 49-6-12 [Bonds and securities; custody by county treasurer;
§ 49-6-13 [School district apportionment; improvement, repair and construction of school buildings; advertising for bids; contractor’s bond.]
§ 49-6-14 [Construction of veterans’ memorial public school.]
contract signature

Need help reviewing a real estate contract?
Have it reviewed by a lawyer, get answers to your questions and move forward with confidence.
Connect with a lawyer now

Terms Used In New Mexico Statutes > Chapter 49 > Article 6 - Las Vegas Grant

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Quorum: The number of legislators that must be present to do business.