New Mexico Statutes

§ 73-25-12 — Cooperative powers

New Mexico·Ch. 73 Special Districts·Art. 25 Regional Transit District
A district may cooperate with a person to: A. accept legitimate contributions or liens securing obligations of the district from the person with respect to the financing, construction, operation or maintenance of a regional transit system and, in connection with a loan or advance, enter into contracts establishing the repayment terms; B. enter into contracts regarding the financing, construction, operation or maintenance of a specified regional transit system; C. enter into joint operating contracts concerning a regional transit system; D. acquire easements or rights of way for a regional transit system; and E. designate a regional transit system as part of the state highway system, a county highway system or a municipal highway system if the person with jurisdiction over the applicable hi

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Legislative History

Laws 2003, ch. 65, § 12.

Nearby Sections

15
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