New Mexico Statutes

§ 73-25-6 — Powers of the district

New Mexico § 73-25-6
JurisdictionNew Mexico
Ch. 73Special Districts
Art. 25Regional Transit District

This text of New Mexico § 73-25-6 (Powers of the district) 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. § 73-25-6 (2026).

Text

A. A district is a body politic and corporate. In addition to other powers granted to the district pursuant to the Regional Transit District Act, the district may:

(1)have perpetual existence, except as otherwise provided in the contract;
(2)sue and be sued;
(3)enter into contracts and agreements affecting the affairs of the district;
(4)establish, collect and increase or decrease fees, tolls, rates or charges for the use of property of a regional transit system financed, constructed, operated or maintained by the district; except that fees, tolls, rates or charges imposed for the use of a regional transit system shall be fixed and adjusted to pay for bonds issued by the district;
(5)pledge all or a portion of the revenues to the payment of bonds of the district;
(6)finance, construc

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Legislative History

Laws 2003, ch. 65, § 6.

Nearby Sections

15
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Bluebook (online)
New Mexico § 73-25-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/73/73-25-6.