A. Any information obtained by the technology enterprise division that is deemed by the director to be proprietary technical or business information shall be held in confidence. Proprietary technical or business information shall not be deemed a public record under the Public Records Act [Chapter 14, Article 3 NMSA 1978] or be open to inspection under Section 14-2-1 NMSA 1978. The technology enterprise division shall take such steps as are necessary to safeguard the confidentiality of the information.
B. Notwithstanding Sections 10-15-1 through 10-15-4 NMSA 1978 or any other law requiring meetings of public bodies to be open to the public, meetings of the commission shall be closed when proprietary technical or business information is discussed.
History: 1978 Comp., § 9-15-18, enacted by Laws 1991, ch. 21, § 23.
Emergency clauses. — Laws 1991, ch. 21, § 47 contained an emergency clause and was approved March 27, 1991.
Repeals and reenactments. — Laws 1991, ch. 21, § 23 repealed former 9-15-18 NMSA 1978, as amended by Laws 1988, ch. 81, § 12, relating to definitions in the Research and Development Act, and enacted a new section, effective March 27, 1991.
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