New Mexico Statutes 73-25-12. Cooperative powers
A district may cooperate with a person to:
Terms Used In New Mexico Statutes 73-25-12
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
A. accept legitimate contributions or liens securing obligations of the district from the person with respect to the financing, construction, operation or maintenance of a regional transit system and, in connection with a loan or advance, enter into contracts establishing the repayment terms;
B. enter into contracts regarding the financing, construction, operation or maintenance of a specified regional transit system;
C. enter into joint operating contracts concerning a regional transit system; D. acquire easements or rights of way for a regional transit system; and
E. designate a regional transit system as part of the state highway system, a county highway system or a municipal highway system if the person with jurisdiction over the applicable highway system consents to the designation.