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§ 67-3-53 NMSA 1978

[Reversion of suspense fund balances.]

Known as the Public Mass Transportation Act

The act spans §§ 67–67 (95 sections).

Laws 1929, ch. 108, § 5; C.S. 1929, § 64-346; 1941 Comp., § 58-242; 1953 Comp., § 55-2-42.

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.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.