N.M. Stat. § 21-28-9
Status of bonds.
Bonds and other obligations issued under the provisions of the University Research
Park and Economic Development Act shall be deemed issued on behalf of the
university, but shall not be deemed to constitute a debt, liability, obligation of or a pledge
of the faith and credit of this state or any political subdivision thereof or any university,
but shall be payable solely from the revenue or assets of the research park corporation
pledged for that payment. Each obligation issued on behalf of the research park
corporation under the University Research Park and Economic Development Act shall
contain on its face a statement to the effect that neither this state nor any political
subdivision, university or research park corporation shall be obligated to pay the same
or the interest thereon except from the revenues or assets pledged therefor and that
neither the faith and credit nor the taxing power of this state, any political subdivision
thereof or any university is pledged to the payment of the principal of or the interest on
such obligation.