New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 3 - BUSINESS ASSOCIATIONS
Part 4 - OTHER BUSINESS ENTITIES
Section 12.3.4.15 - WATER USERS ASSOCIATIONS

Universal Citation: 12 NM Admin Code 12.3.4.15

Current through Register Vol. 35, No. 18, September 24, 2024

A water users association shall comply with the requirements in NMSA 1978 Sections 73-5-1 through 73-5-9.

A. Filing requirements. A water users associationshall file all documents required by this section in compliance with 12.3.1 NMAC, General Provisions.

B. Name. A water users association shall comply with the name requirements of NMSA 1978 Section 73-5-2, and may use the procedures in 12.3.1.15 NMAC for inquiring about, reserving, formally applying for, or reinstating a name.

C. Certificate of organization required. A water users association shall file a certificate of organization that meets the requirements of NMSA 1978 Section 73-5-2 in accordance with NMSA 1978 Section 73-5-3 with a filing fee of twenty-five dollars ($25.00). An association may file amendments to its certificate of organization as provided in NMSA 1978 Section 73-5-5 with a filing fee of twenty dollars ($20.00).

D. Dissolution. A water users association may voluntarily dissolve by complying with the requirements for amending its certificate of organization provided in Subsection C of this section.

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