§ 3-28-1 Water or natural gas associations; powers
§ 3-28-2 Intercommunity water or natural gas supply association;
§ 3-28-3 Certificate of association
§ 3-28-4 Acknowledgment and filing of original certificate; recording of copy
§ 3-28-5 Powers of association as body corporate
§ 3-28-6 Amendment of certificate of incorporation
§ 3-28-7 Notice of first meeting
§ 3-28-8 Board of directors; powers
§ 3-28-9 Officers or agents; manner of appointment
§ 3-28-10 Revenue bond issues
§ 3-28-11 Terms and provisions of revenue bond issues
§ 3-28-12 Resolution for issuance of bond; execution
§ 3-28-13 Payment of bonds
§ 3-28-14 Refunding authorization; terms
§ 3-28-14.1 Publication of notice after adoption of resolutions;
§ 3-28-15 Financial assistance
§ 3-28-16 Establishment of rates or contracts for service; lien against property served
§ 3-28-17 Proceeds from bond issues not to be diverted from purpose
§ 3-28-18 Violations of act; penalty
§ 3-28-19 Eminent domain
§ 3-28-20 Associations not subject to utility laws
§ 3-28-21 New Mexico public utility commission [public regulation commission] jurisdiction
§ 3-28-22 Validation; existing association and outstanding bonds

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Terms Used In New Mexico Statutes > Chapter 3 > Article 28 - Water or Natural Gas Associations

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oath: A promise to tell the truth.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.