2021 New Mexico Statutes
Article 28 - Water or Natural Gas Associations
Section 3-28-22 - Validation; existing association and outstanding bonds.

All intercommunity water and natural gas associations established or purportedly established pursuant to Chapter 3, Article 28 NMSA 1978 or any predecessor or similar statute, all prior bonds issued by such associations and all action taken by boards of directors of such associations preliminary to and in the issuance of bonds of such associations pursuant to Chapter 3, Article 28 NMSA 1978 or any predecessor or similar statute, are hereby validated, ratified, approved and confirmed.
History: 1978 Comp., § 3-28-22, enacted by Laws 1990, ch. 60, § 22.
Severability clauses. — Laws 1990, ch. 60, § 23 provided for the severability of the act if any part or application thereof is held invalid.

Structure 2021 New Mexico Statutes

2021 New Mexico Statutes

Chapter 3 - Municipalities

Article 28 - Water or Natural Gas Associations

Section 3-28-1 - Water or natural gas associations; powers.

Section 3-28-2 - Intercommunity water or natural gas supply association; directors.

Section 3-28-3 - Certificate of association.

Section 3-28-4 - Acknowledgment and filing of original certificate; recording of copy.

Section 3-28-5 - Powers of association as body corporate.

Section 3-28-6 - Amendment of certificate of incorporation.

Section 3-28-7 - Notice of first meeting.

Section 3-28-8 - Board of directors; powers.

Section 3-28-9 - Officers or agents; manner of appointment.

Section 3-28-10 - Revenue bond issues.

Section 3-28-11 - Terms and provisions of revenue bond issues.

Section 3-28-12 - Resolution for issuance of bond; execution.

Section 3-28-13 - Payment of bonds.

Section 3-28-14 - Refunding authorization; terms.

Section 3-28-14.1 - Publication of notice after adoption of resolutions; limitation of action.

Section 3-28-15 - Financial assistance.

Section 3-28-16 - Establishment of rates or contracts for service; lien against property served.

Section 3-28-17 - Proceeds from bond issues not to be diverted from purpose.

Section 3-28-18 - Violations of act; penalty.

Section 3-28-19 - Eminent domain.

Section 3-28-20 - Associations not subject to utility laws.

Section 3-28-21 - New Mexico public utility commission [public regulation commission] jurisdiction.

Section 3-28-22 - Validation; existing association and outstanding bonds.