Directors shall receive no compensation for their services as a director. Directors may be reimbursed for expenses incurred by them on authority business with approval of the board.
History: Laws 1993, ch. 319, ยง 25.
Structure New Mexico Statutes
Chapter 74 - Environmental Improvement
Article 10 - Solid Waste Authority
Section 74-10-1 - Short title.
Section 74-10-2 - Legislative declaration.
Section 74-10-3 - Decision of board or governing body final.
Section 74-10-4 - Definitions.
Section 74-10-5 - Creation of a solid waste authority; board.
Section 74-10-6 - Oaths and bonds of board members.
Section 74-10-7 - Petition for creation of solid waste authority.
Section 74-10-8 - Hearing on petition.
Section 74-10-9 - Decision of the special district commission.
Section 74-10-10 - Filing special district commission order.
Section 74-10-11 - Districting the authority.
Section 74-10-12 - Board of directors.
Section 74-10-13 - Election of directors.
Section 74-10-14 - Election resolution.
Section 74-10-15 - Conduct of election.
Section 74-10-19 - Approval of proposals at election.
Section 74-10-20 - Filling vacancies on board.
Section 74-10-21 - Changing authority's boundaries.
Section 74-10-22 - Board's administrative powers.
Section 74-10-23 - Records of board.
Section 74-10-24 - Meetings of board.
Section 74-10-25 - Compensation of directors.
Section 74-10-26 - Interest in contracts and property disqualifications.
Section 74-10-27 - Powers of the authority.
Section 74-10-28 - Levy and collection of taxes.
Section 74-10-29 - Levies to cover deficiencies.
Section 74-10-30 - Elections for imposition of ad valorem taxes.
Section 74-10-31 - Conduct of election.
Section 74-10-32 - Sinking fund.
Section 74-10-33 - Manner of levying and collecting taxes.
Section 74-10-34 - Delinquent taxes.
Section 74-10-35 - Powers of public bodies.
Section 74-10-36 - Effect of extraterritorial functions.
Section 74-10-37 - Forms of borrowing.
Section 74-10-38 - Issuance of notes.
Section 74-10-39 - Issuance of warrants.
Section 74-10-40 - Maturities of notes and warrants.
Section 74-10-41 - Issuance of bonds and incurrence of debt.
Section 74-10-42 - Issuance of temporary bonds.
Section 74-10-43 - Issuance of interim debentures.
Section 74-10-44 - Payment of securities.
Section 74-10-45 - Additionally secured securities.
Section 74-10-46 - Pledge of revenues.
Section 74-10-47 - Ranking among different issues.
Section 74-10-48 - Ranking among securities of same issue.
Section 74-10-49 - Payment recital in securities.
Section 74-10-50 - Incontestable recital in securities.
Section 74-10-51 - Limitations upon payment of securities.
Section 74-10-52 - Limitations upon incurring any debt.
Section 74-10-53 - Security details.
Section 74-10-54 - Capitalization of costs.
Section 74-10-55 - Other security details.
Section 74-10-56 - Reissuance of securities.
Section 74-10-57 - Negotiability.
Section 74-10-58 - Single bonds.
Section 74-10-59 - Lost or destroyed securities.
Section 74-10-60 - Execution of securities.
Section 74-10-61 - Interest coupons.
Section 74-10-62 - Facsimile signatures.
Section 74-10-63 - Facsimile seal.
Section 74-10-64 - Signatures of predecessors in office.
Section 74-10-65 - Facsimile signatures of predecessors.
Section 74-10-66 - Repurchase of securities.
Section 74-10-67 - Customary provisions.
Section 74-10-68 - Sale of securities.
Section 74-10-69 - Sale discount or commission prohibited.
Section 74-10-70 - Application of proceeds.
Section 74-10-71 - Use of unexpended proceeds.
Section 74-10-72 - Validity unaffected by use of proceeds.
Section 74-10-73 - Covenants in security proceedings.
Section 74-10-74 - Remedies of security holders.
Section 74-10-75 - Limitations upon liabilities.
Section 74-10-76 - Cancellation of paid securities.
Section 74-10-77 - Interest after maturity.
Section 74-10-78 - Refunding bonds.
Section 74-10-79 - Method of issuance.
Section 74-10-80 - Limitations upon issuance.
Section 74-10-81 - Use of refunding bond proceeds.
Section 74-10-82 - Payment of refunding bonds.
Section 74-10-83 - Combination of refunding and other bonds.
Section 74-10-84 - Supplemental provisions.
Section 74-10-85 - Board's determination final.
Section 74-10-86 - Issuance of interim debentures and pledge of bonds as collateral security.
Section 74-10-87 - Interim debentures not to be extended.
Section 74-10-89 - Publication of resolution or proceedings.
Section 74-10-90 - Failure to contest legality constitutes bar.
Section 74-10-91 - Confirmation of contract proceedings.
Section 74-10-92 - Review and judgment of court.
Section 74-10-93 - Purpose of tax exemptions.
Section 74-10-94 - Property exempt from general taxes.
Section 74-10-95 - Securities and income therefrom exempt.
Section 74-10-96 - Freedom from judicial process.
Section 74-10-97 - Resort to judicial process.
Section 74-10-98 - Legal investments in securities.