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2017 New Mexico Statutes
Chapter 67 - Highways
Article 3 - State Transportation Commission
Section 67-3-53 - Reversion of suspense fund balances.
Universal Citation: NM Stat § 67-3-53 (2017)
67-3-53. [Reversion of suspense fund balances.]
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.
History: Laws 1929, ch. 108, 5; C.S. 1929, 64-346; 1941 Comp., 58-242; 1953 Comp., 55-2-42.
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