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Code · New Mexico · Chapter 3 — Municipalities · Article 23 — Public Utilities

3-23-5. Municipal utility; duty to maintain and improve.

100 words·~1 min read·/nm/chapter-3-municipalities/article-23-public-utilities/3-23-5·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A. After the qualified electors at a regular or special municipal election have approved the acquisition of a municipal utility, the municipality shall maintain a municipal utility in good repair and improve and enlarge the municipal utility to accomplish the objectives and purposes for which it was designed.
B. A municipality may use other funds to defray the cost of operating or repairing a municipal utility, other than an electric or gas utility, generating facility or its interest in a jointly owned generating facility.
History: 1953 Comp., § 14-22-5, enacted by Laws 1965, ch. 300; 1979, ch. 260, § 3.
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