N.M. Code R. § 17.12.810.6 - OBJECTIVE
The purpose of 17.12.810 NMAC is to carry out the explicit legislative intent of Laws 1985, Chapter 166, which amended Sections 73-21-16 and 73-21-40 NMSA 1978, and which added Section 73-21-55 NMSA 1978, to limit governmental regulation of rate setting by water and sanitation districts, which are quasi-municipalities and are governed by an elected board, to the maximum extent possible.
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