New Mexico Statutes

§ 73-25-18 — Matching funds

New Mexico § 73-25-18
JurisdictionNew Mexico
Ch. 73Special Districts
Art. 25Regional Transit District

This text of New Mexico § 73-25-18 (Matching funds) 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. § 73-25-18 (2026).

Text

The local government members of a combination shall match at least one dollar ($1.00) for every four dollars ($4.00) provided by the state. Before a district is able to receive state matching funds, it must be certified by the commission pursuant to Section 4 [73-25-4 NMSA 1978] of the Regional Transit District Act.

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Legislative History

Laws 2003, ch. 65, § 18.

Nearby Sections

15
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Bluebook (online)
New Mexico § 73-25-18, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/73/73-25-18.