New Mexico § 62-15-2 - Purpose; definition
Full text of New Mexico New Mexico Statutes Annotated § 62-15-2 — Purpose; definition, with citation guidance and answers to common questions.
§ 62-15-2. Purpose; definition
Cooperative nonprofit membership corporations may be organized under the Rural Electric
Cooperative Act for the primary purpose of supplying electric power and energy and
promoting and extending the use of electricity in rural areas. Corporations organized under that act and corporations which become subject to that
act in the manner provided in that act and for the purposes of Sections 62-15-13 , 62-15-14 , 62-15-15 and 62-15-19 NMSA 1978 , corporations organized on a nonprofit or cooperative basis under the laws of another
state for the primary purpose of supplying electric power or energy are referred to
in the Rural Electric Cooperative Act as “cooperatives”.
Frequently Asked Questions About New Mexico § 62-15-2
What does New Mexico Statutes Annotated § 62-15-2 cover?
Section 62-15-2 ("Purpose; definition") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 62-15-2?
A common citation format is "New Mexico Statutes Annotated § 62-15-2" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 62-15-2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.