New Mexico Statutes

§ 3-39-3 — Definitions

New Mexico § 3-39-3
JurisdictionNew Mexico
Ch. 3Municipalities
Art. 39Municipal Airports

This text of New Mexico § 3-39-3 (Definitions) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 3-39-3 (2026).

Text

As used in the Municipal Airport Law: A. "bond" means any bond, note, temporary bond, interim certificate, negotiable instrument or any other evidence of indebtedness issued under the Municipal Airport Law; B. "obligee" means any bondholder, trustee for any bondholders or lessor or his assignee of property leased to the municipality for use in connection with an airport facility and the state or federal government when a party to a contract with the municipality by which aid is given to the municipality; C. "federal government" means the United States or any of its agencies; and D. "airport facility" includes a runway, taxiway, terminal, real estate, parking facility, hanger [hangar] facility, maintenance facility for repair, construction and modification and any other facility related to

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Legislative History

1953 Comp., § 14-40-3, enacted by Laws 1965, ch. 300; 1989, ch. 174, § 2.

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Bluebook (online)
New Mexico § 3-39-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/3/3-39-3.