{"data":{"id":"us-nm/73-25-12","jurisdiction":"us-nm","citation":"73-25-12","heading":"Cooperative powers.","body":"A district may cooperate with a person to:\nA. accept legitimate contributions or liens securing obligations of the district from the person with respect to the financing, construction, operation or maintenance of a regional transit system and, in connection with a loan or advance, enter into contracts establishing the repayment terms;\nB. enter into contracts regarding the financing, construction, operation or maintenance of a specified regional transit system;\nC. enter into joint operating contracts concerning a regional transit system;\nD. acquire easements or rights of way for a regional transit system; and\nE. designate a regional transit system as part of the state highway system, a county highway system or a municipal highway system if the person with jurisdiction over the applicable highway system consents to the designation.","path":["Chapter 73 - Special Districts","ARTICLE 25 Regional Transit District"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18576/index.do","current_through":"2026-05-20","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"14bb9c8167a9abbf90d0fdf6a9da27e8fc79c3491c3579655193dd370e314e0b","source_id":"us-nm","stale":false,"prev":"us-nm/73-25-11","next":"us-nm/73-25-13"},"notice":"GroundRules: Original legal text. Not legal advice."}