§ 7-24A-1 Short title
§ 7-24A-2 Definitions
§ 7-24A-3 Use of proceeds
§ 7-24A-4 Limitations on power
§ 7-24A-4 v2 Limitations on power. (Effective July 1, 2024.)
§ 7-24A-5 County gasoline tax; authorization; imposition; rate
§ 7-24A-6 County gasoline tax; procedure for adoption of ordinance;
§ 7-24A-6.1 County-wide gasoline tax; authorization; imposition;
§ 7-24A-7 Ordinance must conform to certain provisions of the
§ 7-24A-7.1 Registration required
§ 7-24A-8 Collection of county gasoline tax
§ 7-24A-10 Municipal gasoline tax; authorization; imposition; rate
§ 7-24A-11 Municipal gasoline tax; procedure for adoption of ordinance; election
§ 7-24A-12 Collection of municipal gasoline tax
§ 7-24A-14 Bond ordinance
§ 7-24A-15 Terms of bonds
§ 7-24A-16 Sale of bonds
§ 7-24A-17 Construction
§ 7-24A-18 Additional security
§ 7-24A-19 Foreclosure
§ 7-24A-20 Legal investments
§ 7-24A-21 Joint election

Terms Used In New Mexico Statutes > Chapter 6 > Article 24A - County and Municipal Gasoline Tax

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • 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.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Trustee: A person or institution holding and administering property in trust.