New Mexico Statutes

§ 67-3-53 — [Reversion of suspense fund balances.]

New Mexico·Ch. 67 Highways·Art. 3 State Transportation Commission
If any monies remain in said "state highway suspense fund" for a period of five years without such a determination of the respective rights of said contractor and creditors thereto, the same shall revert to the state of New Mexico and be covered back into the state road fund.

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New Mexico § 67-3-53 ([Reversion of suspense fund balances.]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Laws 1929, ch. 108, § 5; C.S. 1929, § 64-346; 1941 Comp., § 58-242; 1953

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