Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by Findlaw Staff
As used in the Joint Powers Agreements Act:
A. “public agency” means the federal government or a federal department, agency or instrumentality; this state, another state or a state department, agency or instrumentality; an Indian nation, tribe or pueblo; a subdivision of an Indian nation, tribe or pueblo that has authority pursuant to the law of that Indian nation, tribe or pueblo to enter into joint powers agreements directly with the state; a county, municipality, public corporation or public district of this state or another state; a New Mexico educational institution specified in Article 12, Section 11 of the constitution of New Mexico; and a New Mexico school district;
B. “agreement” means a written contractual agreement entered into between two or more public agencies subject to a constitutional or legislative restriction imposed upon any of the contracting public agencies, but the Joint Powers Agreements Act does not authorize an interstate water supply agreement or limit the powers of an interstate water compact commission, the interstate stream commission or the state engineer, and it does not limit the powers of a state agency or political subdivision to enter into agreements with the interstate stream commission or the state engineer;
C. “bonds” means revenue bonds;
D. “bondholder” means a person who is the bearer of an outstanding bond or the owner of bonds that are at the time registered to other than the bearer;
E. “indenture” means the instrument providing the terms and conditions for the issuance of the bonds and may be a resolution, order, agreement or other instrument; and
F. “instrumentality” means a public corporate entity created by state law but that is not subject to the general laws of the state and is not a state agency or department.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 11. Intergovernmental Agreements and Authorities § 11-1-2. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-11-intergovernmental-agreements-and-authorities/nm-st-sect-11-1-2/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)