New Mexico Statutes

§ 16-2-9 — Concessions in parks; contracts; board of finance approval

New Mexico·Ch. 16 Parks, Recreation and Fairs·Art. 2 State Parks Division
The secretary has the power to grant concessions in [the] state parks and recreation areas upon such rentals, fees or percentage of income or profits as he may prescribe, but not for a longer period than thirty years. All concessions shall be evidenced by a written contract, the faithful performance of which shall be secured by such bond as the secretary may prescribe. No contract granting a concession shall be effective until it has been approved by the state board of finance.

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Legislative History

Laws 1935, ch. 57, § 9; 1941 Comp., § 4-109; 1953 Comp., § 4-9-9; Laws

Nearby Sections

15
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