New Mexico Statutes > Chapter 27 > Article 6A – Low Income Water, Sewer and Solid Waste Service
Current as of: 2024 | Check for updates
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| § 27-6A-1 | Short title |
| § 27-6A-2 | Purpose |
| § 27-6A-3 | Definitions |
| § 27-6A-4 | Low income assistance rates |
| § 27-6A-5 | Authority cooperation |
Terms Used In New Mexico Statutes > Chapter 27 > Article 6A - Low Income Water, Sewer and Solid Waste Service
- 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.
- 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
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Trustee: A person or institution holding and administering property in trust.