New Mexico § 62-3-2.1 - Objects and purposes; liberal interpretation
Full text of New Mexico New Mexico Statutes Annotated § 62-3-2.1 — Objects and purposes; liberal interpretation, with citation guidance and answers to common questions.
§ 62-3-2.1. Objects and purposes; liberal interpretation
A. The following are declared to be the objects and purposes of this 1985 act. Experience has proven that the costs to ratepayers of small water utilities with
annual revenues of less than five hundred thousand dollars ($500,000) and the public
at large in complete government regulation of their rates is greatly disproportionate
to the need and benefits of complete rate regulation and interferes with setting of
fair, just and reasonable rates to all utilities. A rational basis exists to provide procedures for setting rates of such small water
utilities different from and more limited than those for setting rates of other utilities. Without limiting government regulation of rate setting by small water utilities
as provided by Section 62-8-7.1 NMSA 1978 , the declared policy of the Public Utility Act, as amended, the provision of reasonable
and proper utility services at fair, just and reasonable rates, and the general welfare,
business and industry of the state may be frustrated. B. The following are hereby declared to be the objects and purposes of these 1987
amendments to the Public Utility Act. Because small sewer utilities are similar to small water utilities, the costs to
ratepayers of small sewer utilities with annual revenues of less than five hundred
thousand dollars ($500,000) and the public at large in complete government regulation
of their rates is greatly disproportionate to the need and benefits of complete rate
regulation and interferes with setting of fair, just and reasonable rates to all utilities. A rational basis exists to provide procedures for setting rates of such small sewer
utilities different from and more limited than those for setting rates of other utilities. Without limiting government regulation of rate setting by small sewer utilities
as provided by Section 62-8-7.1 NMSA 1978 , the declared policy of the Public Utility Act, the provision of reasonable and proper
utility services at fair, just and reasonable rates, and the general welfare, business
and industry of the state may be frustrated. C. The following are declared to be the objects and purposes of this 1991 act. Experience has proven that the construction, development and extension of proper
plants and facilities cannot be accomplished without unnecessary duplication and economic
waste within areas certificated to water and sewer utilities without controls against
duplicative intrusions into certificated areas by municipal utilities. A rational basis exists to prohibit intrusion of municipal water or sewer facilities
or service into areas in which a public utility furnishes regulated services until
that municipality elects to come within the terms of the Public Utility Act, in which
event both systems will be brought into parity of treatment with respect to the commission's
independent jurisdiction and power to prevent unreasonable interference between competing
plants, lines and systems. Without such controls as provided by Section 62-9-1.1 NMSA 1978 , the declared policy of the Public Utility Act, the provision of reasonable and proper
utility services at fair, just and reasonable rates and the general welfare, business
and industry of the state may be frustrated. D. The provisions of the 1985 and 1987 acts and of this 1991 act shall be liberally
construed to carry out their purposes.
Frequently Asked Questions About New Mexico § 62-3-2.1
What does New Mexico Statutes Annotated § 62-3-2.1 cover?
Section 62-3-2.1 ("Objects and purposes; liberal interpretation") 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 § 62-3-2.1?
A common citation format is "New Mexico Statutes Annotated § 62-3-2.1" (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 § 62-3-2.1 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.