New Mexico Statutes 30-7-11. Definitions
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As used in the Bus Passenger Safety Act N.M. Stat. Ann. § 30-7-10 to 30-7-15: A. “bus transportation company” or “company” means any person, groups of persons or corporation providing for-hire transportation to passengers or cargo by bus upon the highways in New Mexico. The term also includes buses owned or operated by or for local public bodies, school districts, municipalities and by public corporations, boards and commissions; and
Terms Used In New Mexico Statutes 30-7-11
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
B. “bus” means any passenger bus, coach or other motor vehicle having a seating capacity of not less than fifteen passengers operated by a bus transportation company when used for the purpose of carrying passengers or cargo for hire.