Sec. 1501.103. AUTHORITY TO SELL ELECTRICITY OF PLANT AND SYSTEM. A municipality that acquires an electric plant and system under Section 1501.101 may:
(1) sell electricity either at retail or wholesale for distribution in New Mexico; and
(2) enter into a sales agreement for the electricity as the governing body of the municipality provides.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
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