New Mexico Statutes

§ 4-36-8 — Class B county; sewer and water utility

New Mexico·Ch. 4 Counties·Art. 36 Miscellaneous Powers of Counties
A.Any class B county of the state having a population of more than ninety-eight thousand but less than one hundred thousand, according to the last federal decennial census, and having a net taxable value for rate-setting purposes for the 1991 property tax year of more than one billion four hundred million dollars ($1,400,000,000) but less than one billion five hundred million dollars ($1,500,000,000) shall be permitted to purchase, own, operate and sell sewer and water utilities. Such class B counties shall not purchase, own, operate or sell any other utilities.
B.In the operation of a sewer or water utility by a class B county, the county shall set just and reasonable rates based on cost of service.

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New Mexico § 4-36-8 (Class B county; sewer and water utility) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

1978 Comp., § 4-36-8, enacted by Laws 1993, ch. 308, § 1.

Nearby Sections

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