New Mexico Statutes
§ 67-3-50 — Account closing; nonliability
Upon transfer of the funds as provided in Section 67-3-49 NMSA 1978, the state transportation commission shall close its book of account upon such project and shall have no further responsibility in connection with such fund or with the payment of the balance of money remaining to the credit of said contractor upon said contract.
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Legislative History
Laws 1929, ch. 108, § 2; C.S. 1929, § 64-343; 1941 Comp., § 58-239; 1953
Nearby Sections
15
§ 67-1-1
Short title§ 67-1-2
Repealed§ 67-1-3
Effective date§ 67-10-2
Rates and tolls; appeals§ 67-11-4
Design of controlled-access facility§ 67-11-6
Preference of condemnation cases