COLLEGE BOARDS OF REGENTS CHANGES, CA

This constitutional amendment (HJR 12) would require members of New Mexico's state college and university boards of regents to uphold specific fiduciary duties, including loyalty, careful management, good faith, and compliance with state laws. It also changes removal procedures: district courts - not the Supreme Court - would handle removals filed by the Attorney General or a majority of the board, for causes like breaches of duty or misconduct. The bill directly affects all regents serving on boards for New Mexico's public higher education institutions, including the University of New Mexico. It does not alter board composition rules (like student member requirements) but adds legal clarity to their responsibilities and removal processes.