§ 5-9-1 Short title
§ 5-9-2 Purpose
§ 5-9-3 Definitions
§ 5-9-4 Designation of enterprise zones; revocation of designation
§ 5-9-5 Eligibility requirements
§ 5-9-6 Enterprise zone plan; incentives and initiatives
§ 5-9-7 Administration
§ 5-9-8 Evaluation and reporting requirements
§ 5-9-9 State agency cooperation; business incentives
§ 5-9-10 Tax increment method of financing
§ 5-9-11 Tax increment procedures
§ 5-9-12 Enterprise zone fund; creation; use
§ 5-9-13 Tax increment method approval
§ 5-9-14 Tax increment method; base value for distribution
§ 5-9-15 Regulations
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Terms Used In New Mexico Statutes > Chapter 5 > Article 9 - Enterprise Zones

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • 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.