2006 New Mexico Statutes - Section 11-1-5 — Powers of administering agency under agreement.
11-1-5. Powers of administering agency under agreement.
A. The agency provided by the agreement to administer or execute the agreement may be one of the parties to the agreement or a commission or board constituted pursuant to the agreement.
B. The administering agency under any such agreement shall be considered under the provisions of this Joint Powers Agreements Act [ 11-1-1 NMSA 1978] as an entity separate from the parties to such agreement.
C. The agency shall possess the common power specified in the agreement and may exercise it in the manner or according to the method provided in the agreement, subject to any of the restrictions imposed upon the manner of exercising such power of one of the contracting public agencies or such restrictions of any public agency participating which may be designated or incorporated in the agreement.
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