N.M. Stat. § 63-2-10

Current through 2024, ch. 69

Section 63-2-10 - Commencement and completion of road

Every corporation formed under this chapter shall commence the construction of its road within two years after the date of the filing of its articles of incorporation in the office of the secretary of state and shall finish and put the same in full operation within six years thereafter or its right to further complete the same, in the discretion of the legislature of this state, may be forfeited.

NMS § 63-2-10

Laws 1878, ch. 1, ch. [tit.] 8, § 24; C.L. 1884, § 2688; C.L. 1897, § 3877; Code 1915, § 4703; C.S. 1929, § 116-304; 1941 Comp., § 74-212; 1953 Comp., § 69-2-12; 2013, ch. 75, § 40.

Amended by 2013, c. 75,s. 40, eff. 7/1/2013.