The legislative authorization for a qualifying entity to receive a grant or loan from the water project fund for a project is void three years after that authorization is given, but this provision does not prohibit the legislature from authorizing a project that was previously authorized.
§ 72-4A-11 NMSA 1978
Voiding of authorization
Known as the Water Project Finance Act
The act spans §§ 72–72 (14 sections).
Laws 2015, ch. 88, § 2.
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.