8 NMSA 1978 defined.] The term municipal corporation shall, for the purpose of this act N.M. Stat. Ann. § 6-15-3 to 6-15-8, be construed to mean county, incorporated city, incorporated town, incorporated village or school district.

Terms Used In New Mexico Statutes 6-15-8

  • 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.