New Mexico Statutes
Article 15 - Rural Electric Cooperatives
Section 62-15-31 - "Rural area," "person" and "member" defined.

A. "Rural area" means any area not included within the boundaries of any municipality having a population in excess of five thousand persons; provided that a municipality having a population of more than five thousand persons shall not cease to be included within the term "rural area" if at the time of the commencement of the cooperative's or its predecessor's operation therein the population of the municipality was less than five thousand persons and the municipality has been and continues to be served by a cooperative; provided, however, that the population of any municipality shall not be included in any rural area if said municipality has a municipally owned plant or other operating noncooperative utility; and, provided further, that any cooperative shall not be permitted to operate in any municipality without first having obtained a franchise from the governing authorities.
B. "Person" includes any natural person, firm, association, corporation, business trust, partnership, federal agency, state or political subdivision or agency thereof or any body politic.
C. "Member" means each incorporator of a cooperative and each person admitted to and retaining membership therein, and shall include a husband and wife admitted to a joint membership.
History: Laws 1939, ch. 47, § 31; 1941 Comp., § 48-431; Laws 1945, ch. 9, § 1; 1947, ch. 182, § 1; 1953 Comp., § 45-4-31; Laws 1967, ch. 102, § 3.

Structure New Mexico Statutes

New Mexico Statutes

Chapter 62 - Electric, Gas and Water Utilities

Article 15 - Rural Electric Cooperatives

Section 62-15-1 - Short title.

Section 62-15-2 - Purpose; definition.

Section 62-15-3 - Powers.

Section 62-15-3.1 - Subsidiary business activities.

Section 62-15-4 - Name.

Section 62-15-5 - Incorporators.

Section 62-15-6 - Articles of incorporation.

Section 62-15-7 - Bylaws.

Section 62-15-8 - Members.

Section 62-15-9 - Board of trustees; suits.

Section 62-15-9.1 - Duties of trustees.

Section 62-15-9.2 - Limitation on liability and indemnification of officers and trustees.

Section 62-15-10 - Voting districts.

Section 62-15-11 - Officers.

Section 62-15-12 - Amendment of articles of incorporation.

Section 62-15-13 - Consolidation.

Section 62-15-14 - Merger.

Section 62-15-15 - Effect of consolidation or merger.

Section 62-15-16 - Conversion of existing corporations.

Section 62-15-17 - Initiative by members.

Section 62-15-18 - Dissolution.

Section 62-15-19 - Filing of articles.

Section 62-15-20 - Refunds to members.

Section 62-15-21 - Disposition of property.

Section 62-15-22 - Nonliability of members for debts of cooperative.

Section 62-15-23 - Recordation of mortgages.

Section 62-15-24 - Waiver of notice.

Section 62-15-25 - Trustees, officers or members; notaries.

Section 62-15-26 - Foreign corporations.

Section 62-15-26.1 - Distribution cooperative utilities organized in other states; application.

Section 62-15-27 - Fees.

Section 62-15-28 - Taxation.

Section 62-15-29 - Repealed.

Section 62-15-30 - Securities Act exemption.

Section 62-15-31 - "Rural area," "person" and "member" defined.

Section 62-15-32 - Construction of act; inconsistency.

Section 62-15-33 - Conversion of corporations organized under Laws 1937, Chapter 100, into cooperatives under the Rural Electric Cooperative Act, as amended.

Section 62-15-34 - Renewable portfolio standard.

Section 62-15-35 - Renewable energy certificates; commission duties.

Section 62-15-36 - Renewable energy and conservation fee.

Section 62-15-37 - Definitions; energy efficiency; renewable energy.