{"data":{"id":"us-nm/9-15f-2","jurisdiction":"us-nm","citation":"9-15F-2","heading":"Definitions.","body":"As used in the Trade Ports Development Act:\nA. \"private partner\" means an individual, a foreign or domestic corporation, a general partnership, a limited liability company, a limited partnership, a joint venture, a business trust, a public benefit corporation, a nonprofit entity or other private business entity or combination thereof;\nB. \"public partner\" means the state and its branches, agencies, departments, boards, instrumentalities or institutions and all political subdivisions of the state and their agencies, instrumentalities and institutions, including a department, an agency, an institution of higher education, a board or a commission;\nC. \"public-private partnership\" means an arrangement between one or more public partners and one or more private partners for the development of a trade port project pursuant to the Trade Ports Development Act;\nD. \"public-private partnership agreement\" means a contract between one or more public partners and one or more private partners in connection with the development of a trade port project;\nE. \"secretary\" means the secretary of economic development;\nF. \"trade port\" means a multimodal system of facilities and services in a given location with the logistical capacity to efficiently manage cargo and enhance national supply chain resiliency by facilitating the movement and redistribution of goods and commodities to other locations;\nG. \"trade port district\" means a distinct geographic area subject to the approval of the secretary pursuant to Subsection B of Section 7 [9-15F-7 NMSA 1978] of the Trade Ports Development Act within which proposed trade port projects may be approved for grants or loans; and\nH. \"trade port project\" means a project subject to the approval of the secretary pursuant to Subsection C of Section 7 of the Trade Ports Development Act creating or modifying infrastructure for the construction of buildings or other facilities that support the functions of a trade port within an approved trade port district.","path":["Chapter 9 - Executive Department","ARTICLE 15F Trade Ports Development"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18509/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"881ad0ccac9b9fcc6e8f0c64894b303d7e4ef32c36db2ba9165e2944073abd42","source_id":"us-nm","stale":false,"prev":"us-nm/9-15f-1","next":"us-nm/9-15f-3"},"notice":"GroundRules: Original legal text. Not legal advice."}