New Mexico § 11-1-2 - Definitions

§ 11-1-2. Definitions

As used in the Joint Powers Agreements Act: A. “ public agency ” means the federal government or a federal department, agency or instrumentality;

this state, another state or a state department, agency or instrumentality; an Indian

nation, tribe or pueblo; a subdivision of an Indian nation, tribe or pueblo that

has authority pursuant to the law of that Indian nation, tribe or pueblo to enter

into joint powers agreements directly with the state; a county, municipality, public

corporation or public district of this state or another state; a New Mexico educational

institution specified in Article 12, Section 11 of the constitution of New Mexico ; and a New Mexico school district; B. “ agreement ” means a written contractual agreement entered into between two or more public agencies

subject to a constitutional or legislative restriction imposed upon any of the contracting

public agencies, but the Joint Powers Agreements Act does not authorize an interstate

water supply agreement or limit the powers of an interstate water compact commission,

the interstate stream commission or the state engineer, and it does not limit the

powers of a state agency or political subdivision to enter into agreements with the

interstate stream commission or the state engineer; C. “ bonds ” means revenue bonds; D. “ bondholder ” means a person who is the bearer of an outstanding bond or the owner of bonds that

are at the time registered to other than the bearer; E. “ indenture ” means the instrument providing the terms and conditions for the issuance of the

bonds and may be a resolution, order, agreement or other instrument; and F. “ instrumentality ” means a public corporate entity created by state law but that is not subject to

the general laws of the state and is not a state agency or department.