New Mexico Statutes 13-1-152. Multi-term contracts; cancellation due to unavailability of funds
Current as of: 2023 | Check for updates
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When funds are not appropriated or otherwise made available to support continuation of performance of a multi-term contract in a subsequent fiscal period, the contract shall be cancelled.
Terms Used In New Mexico Statutes 13-1-152
- Contract: A legal written agreement that becomes binding when signed.