N.M. Stat. § 3-39-3
Definitions.
As used in the Municipal Airport Law:
A. "bond" means any bond, note, temporary bond, interim certificate, negotiable
instrument or any other evidence of indebtedness issued under the Municipal Airport
Law;
B. "obligee" means any bondholder, trustee for any bondholders or lessor or his
assignee of property leased to the municipality for use in connection with an airport
facility and the state or federal government when a party to a contract with the
municipality by which aid is given to the municipality;
C. "federal government" means the United States or any of its agencies; and
D. "airport facility" includes a runway, taxiway, terminal, real estate, parking facility,
hanger [hangar] facility, maintenance facility for repair, construction and modification
and any other facility related to aircraft or airports.