New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 5 - POST-SECONDARY EDUCATIONAL PROGRAMS
Part 20 - EDUCATIONAL LOAN PURCHASE PROGRAM
Section 5.5.20.14 - REVISIONS IN REGULATIONS
Universal Citation: 5 NM Admin Code 5.5.20.14
Current through Register Vol. 35, No. 18, September 24, 2024
A. Required Revisions. These regulations shall be subject to amendment, modification and revisions from time to time to conform to the same provision of the Higher Education Act or for any other purpose.
B. Prohibited Revisions. If any such amendment, modification or revision will materially adversely affect the rights of a Lender pursuant to a Loan Purchase Agreement which is then in effect or the rights of the holders of then outstanding Bonds, such amendment, modification or revision will not be effective with regard to such Loan Purchase Agreements or the holders of such Bonds.
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