[Reversion of suspense fund balances.]

NMSA 1978, § 67-3-53 — under Article 3.

NMSA 1978, § 67-3-53

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.