New Mexico Statutes 73-7-56. Rights-of-way; eminent domain by individuals; eminent domain for construction
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Any person, firm, corporation or association may exercise the right of eminent domain to take and acquire property and [a] right-of-way for the construction, maintenance and operation of a drainage ditch, which shall be located as to do the least damage to private property consistent with its proper use and construction, such property and right-of-way shall be acquired in the manner provided by the Eminent Domain Code N.M. Stat. Ann. § 42A-1-1 to 42A-1-33.
Terms Used In New Mexico Statutes 73-7-56
- 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.