N.M. Stat. Ann. § 73-2A-3
History: Laws 1988, ch. 157, § 3; 1989, ch. 324, § 34; 1991, ch. 76, § 1; 1993, ch. 99, § 1; 1994, ch. 30, § 1.
The 1994 amendment, effective May 18, 1994, substituted "transferring money in the fund to the New Mexico department of agriculture for expenditure pursuant to vouchers signed by the director or his representative" for "pursuant to vouchers signed by the director of the department of agriculture or his authorized representative" in the next-to-last sentence of Subsection B, and made stylistic changes in Subsections A and B.
The 1993 amendment, effective March 31, 1993, substituted "director of the department of agriculture" for "secretary of finance and administration" in Subsection A and rewrote Subsection B to the extent that a detailed comparison is impracticable.
The 1991 amendment, effective June 14, 1991, designated the formerly undesignated provisions as Subsections A and B; in Subsection A, inserted "or a separately administered portion of an adjudication suit" and substituted "ditch associations" for "ditches"; and added the first, second and final sentences in Subsection B.
The 1989 amendment, effective April 7, 1989, deleted the former last sentence, which read "Any interest accruing to the acequia and community ditch fund shall be credited to the fund".
Acequia and community ditch fund may be used to fund the implementation of court-approved settlements. — The legislature's stated purpose for enacting the Acequia and Community Ditch Fund Act is to provide financial assistance to acequias and community ditch systems to develop hydrological studies, acquire technical and legal research and other information and services necessary to conserve and protect water for New Mexico's future through the adjudication of water rights, and included in the adjudication process is the informal disposition of adjudicatory proceedings by agreed settlement in order to expedite a resolution, and therefore the Pojoaque valley regional acequia association is eligible to receive funding from the acequia and community ditch fund for implementation of court approved settlements that have been entered into prior to a final judgment and decree of water rights. 73-2A-3(A) NMSA (7/8/21), Att'y Gen. Adv. Ltr. 2021-04.