New Mexico Statutes

§ 73-27-7 — Authority; powers

New Mexico § 73-27-7
JurisdictionNew Mexico
Ch. 73Special Districts
Art. 27Eastern New Mexico Water Utility Authority

This text of New Mexico § 73-27-7 (Authority; powers) 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. § 73-27-7 (2026).

Text

The authority is a body politic and corporate and a political subdivision of the state. The authority may: A. sue and be sued; B. enter into contracts; C. borrow money and issue revenue bonds; D. acquire, dispose of or encumber real and personal property and any interest in them, including leases, easements and water rights from a willing seller only; E. design, develop, construct, operate, maintain, purchase or contract for water systems and pipelines to connect systems and sources with the authority's customers; F. be allowed a water use planning period not to exceed forty years and may hold water rights based on a water development plan submitted to and approved by the state engineer the implementation of which shall not exceed forty years from the date of the application to change the

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Legislative History

Laws 2010, ch. 39, § 7.

Nearby Sections

15
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Bluebook (online)
New Mexico § 73-27-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/73/73-27-7.