Regents' Policy Manual - Section 1.1: Responsibilities of the Board of Regents

Adopted Date: 09-12-1996
Amended: 12-14-2004
Amended: 06-12-2012

Ultimate Responsibility for the Governance of the University

The Board of Regents is responsible for the governance of the University of New Mexico. This responsibility may be exercised only by the Board as a unit; individual Regents are without power to act separately in the transaction of University business, except when one of the Board's officers is specifically authorized to act on behalf of the Board.

The Board's power to govern the University includes fiduciary responsibility for the assets and programs of the University, establishment of goals and policies to guide the University, and oversight of the functioning of the University. The Board vests responsibility for the operation and management of the University in the President of the University.

Duties and Functions of the Board

The Board shall carry out the duties and functions authorized by law and specified in this policy manual including, but not limited to the following:

1. Appoint a President of the University who serves as Chief Executive Officer; and delegate authority to the President for effective operation of the University.

2. Adopt Board of Regents' policies for the governance of the University, and periodically review the Regents' Policy Manual for compliance and revision, in addition to revisions submitted, as necessary, at any time.

3. Establish, and periodically review, the mission, goals, objectives of the University, and a long-range campus master plan for the physical development of the University; create colleges, schools, and branches.

4. Approve the constitution or other governing document of faculty, staff, and student governing bodies and component or affiliated organizations, as determined to be appropriate by the President and the Board.

5. Approve all degrees awarded by the University.

6. Enter into, and review biennially, operating agreements with the Board of Advisors of each branch college.

7. Approve the organizational structure for the University, and any major revisions proposed by the President.

8. Take any other actions required by law to be decided at the level of the Board.

The Board reserves the right to consider and determine any matter relating to the University.

References

N.M. Constitution Art. XII, § 13; NMSA 1978, §§ 21-1-1 et seq. and 21-7-1 et seq.