New Mexico Statutes
Chapter 62 - Electric, Gas and Water Utilities
Article 18 - Energy Transition

Section 62-18-1 - Short title. - Sections 1 through 23 [62-18-1 to 62-18-23 NMSA 1978] of...

Section 62-18-2 - Definitions. - As used in the Energy Transition Act: A. "adjustment mechanism"...

Section 62-18-3 - Location of resource development after abandonment. - A. For a qualifying utility that abandons a qualifying generating...

Section 62-18-4 - Financing order; application contents; pending applications. - A. A qualifying utility that is abandoning a qualifying generating...

Section 62-18-5 - Financing order; issuance; terms of bonds; reports to commission of disbursement of bond proceeds; review and audit of records. - A. The commission may approve an application for a financing...

Section 62-18-6 - Adjustment mechanism; adjustment procedures; hearing procedures if commission determines adjustment made in error. - A. If the commission issues a financing order, the qualifying...

Section 62-18-7 - Financing order; irrevocability; amendments. - A. A financing order is irrevocable and the commission shall...

Section 62-18-8 - Aggrieved parties; request for rehearing; judicial review. - A. A financing order shall be issued as a separate...

Section 62-18-9 - Conditions that keep financing orders in effect and energy transition charges imposed. - A. A financing order shall remain in effect until the...

Section 62-18-10 - Qualifying utility duties. - A. Except as provided in Section 16 [62-18-16 NMSA 1978]...

Section 62-18-11 - Commission treatment of energy transition bonds. - A. If the commission issues a financing order, the commission...

Section 62-18-12 - Energy transition property; energy transition revenues. - A. Energy transition property that is created in a financing...

Section 62-18-13 - Security interests; creation of security interest; priority over other liens; attachment on filing with secretary of state. - A. Except as otherwise provided in this section, the creation,...

Section 62-18-14 - Sale of energy transition property; perfecting interests; absolute transfer and true sale requirements. - A. Any sale, assignment or transfer of energy transition property...

Section 62-18-15 - Fee assessments. - The energy transition charge stated as a separate line entry...

Section 62-18-16 - Energy transition Indian affairs fund; energy transition economic development assistance fund; energy transition displaced worker assistance fund; community advisory committee. - A. The "energy transition Indian affairs fund" is created in...

Section 62-18-17 - Energy transition bonds not public debt. - Energy transition bonds issued pursuant to the Energy Transition Act...

Section 62-18-18 - Energy transition bonds as legal investments. - Energy transition bonds shall be legal investments for all governmental...

Section 62-18-19 - State pledge not to impair. - A. The state pledges to and agrees with the bondholders,...

Section 62-18-20 - Choice of law. - The laws of the state of New Mexico as set...

Section 62-18-21 - Conflicts. - In the event of any conflict between the Energy Transition...

Section 62-18-22 - Validity on actions if act held invalid. - Effective on the date that energy transition bonds are first...

Section 62-18-23 - Applicability. - The provisions of the Energy Transition Act shall not apply...