State Codes and Statutes

Statutes > New-mexico > Chapter-67 > Article-3 > Section-67-3-53

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.   

State Codes and Statutes

Statutes > New-mexico > Chapter-67 > Article-3 > Section-67-3-53

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.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-67 > Article-3 > Section-67-3-53

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.