N.M. Stat. ยง 73-25-3

ยง 73-25-3. Definitions

Year: 2026Length: 196 words
As used in the Regional Transit District Act: A. โ€œ board โ€ means the board of directors of a district; B. โ€œ bond โ€ means a revenue bond; C. โ€œ combination โ€ means two or more governmental units that exercise joint authority; D. โ€œ commission โ€ means the state transportation commission; E. โ€œ construct โ€ or โ€œ construction โ€ means the planning, designing, engineering, acquisition, installation, construction or reconstruction of a regional transit system; F. โ€œ district โ€ means a regional transit district that is a political subdivision of the state created pursuant to the Regional Transit District Act; G. โ€œ governmental unit โ€ 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. โ€œ regional transit system โ€ 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. โ€œ revenues โ€ means tolls, fees, rates, charges, assessments, grants, contributions or other income and revenues received by the district.
N.M. Stat. ยง 73-25-3: ยง 73-25-3. Definitions | Justis AI