There is a newer version of the New Mexico Statutes
2006 New Mexico Statutes - Section 13-1-152 — Multi-term contracts; cancellation due to unavailability of funds.
13-1-152. Multi-term contracts; cancellation due to unavailability of funds.
When funds are not appropriated or otherwise made available to support continuation of performance of a multi-term contract in a subsequent fiscal period, the contract shall be cancelled.
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