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Current as of January 01, 2024 | Updated by Findlaw Staff
As used in the Regional Transit District Act:
A. “board” means the board of directors of a district;
B. “bond” means a revenue bond;
C. “combination” means two or more governmental units that exercise joint authority;
D. “commission” means the state transportation commission;
E. “construct” or “construction” means the planning, designing, engineering, acquisition, installation, construction or reconstruction of a regional transit system;
F. “district” means a regional transit district that is a political subdivision of the state created pursuant to the Regional Transit District Act;
G. “governmental unit” means the state, a county or a municipality of the state or an Indian nation, tribe or pueblo located within the boundaries of the state;
H. “regional transit system” means a property, improvement or system designed to be compatible with established state and local transportation plans that transports or conveys passengers within a region by means of a high-occupancy vehicle, including an automobile, truck, bus, van or railcar; and
I. “revenues” means tolls, fees, rates, charges, assessments, grants, contributions or other income and revenues received by the district.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 73. Special Districts § 73-25-3. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-73-special-districts/nm-st-sect-73-25-3/
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.
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