New Mexico Statutes

§ 3-52-3 — Authorization

New Mexico § 3-52-3
JurisdictionNew Mexico
Ch. 3Municipalities
Art. 52Municipal Transit

This text of New Mexico § 3-52-3 (Authorization) 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. § 3-52-3 (2026).

Text

A. A municipality may invoke the authority contained in the Municipal Transit Law on finding all of the following state of facts to exist:

(1)general transportation of persons is necessary and convenient;
(2)privately owned public transportation facilities in operation are inadequate;
(3)it is impossible for existing franchise operators to render necessary service with adequate resulting return on the investment of capital; and (4) assignment of the existing franchise by the holder or release of the existing franchise and granting of a new franchise by the city will not afford adequate service. Such finding, if made, shall be by resolution adopted by the governing body on the affirmative recorded vote of at least two-thirds of the elected members of the governing body. The resolution sh

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Legislative History

1953 Comp., § 14-53-3, enacted by Laws 1965, ch. 300; 1971, ch. 11, § 1;

Nearby Sections

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Bluebook (online)
New Mexico § 3-52-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/3/3-52-3.