2017 New Mexico Statutes
Chapter 67 - Highways
Article 3 - State Transportation Commission
Section 67-3-50 - Account closing; nonliability.

Universal Citation: NM Stat § 67-3-50 (2017)

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.

History: Laws 1929, ch. 108, 2; C.S. 1929, 64-343; 1941 Comp., 58-239; 1953 Comp., 55-2-39; 2003, ch. 142, 58.

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