The power to make and alter bylaws or rules and regulations for the management and operation of the works of the association, and the control and conduct of its business and affairs, shall be in the board of directors.
History: 1953 Comp., ยง 14-27-8, enacted by Laws 1965, ch. 300.
Structure 2021 New Mexico Statutes
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.