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NEW MEXICO STATUTES AND CODES

Section 67-3-53 - Reversion of suspense fund balances.

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.   

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