New Mexico § 62-6-7 - Application to commission; order of commission
Full text of New Mexico New Mexico Statutes Annotated § 62-6-7 — Application to commission; order of commission, with citation guidance and answers to common questions.
§ 62-6-7. Application to commission; order of commission
Such public utility shall, by written petition filed with the commission and setting
forth the pertinent facts involved, make application to the commission for an order
authorizing the proposed issue, assumption or guarantee of securities, and the application
of the proceeds therefrom to the purposes specified. The commission shall, after such hearing and upon such notice as the commission
may prescribe, enter its written order approving the petition and authorizing the
proposed securities transactions, unless the commission shall find: that such transactions
are inconsistent with the public interest; or that the purpose or purposes thereof
are not permitted by this act; or that the aggregate amount of the securities outstanding
and proposed to be outstanding will exceed the fair value of the properties and business
of the public utility.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 62-6-7
What does New Mexico Statutes Annotated § 62-6-7 cover?
Section 62-6-7 ("Application to commission; order of commission") 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 § 62-6-7?
A common citation format is "New Mexico Statutes Annotated § 62-6-7" (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 § 62-6-7 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.