The commissioner may contract with persons, associations of persons or corporations to construct irrigation systems for the purpose of irrigating and reclaiming state lands, and for the sale of such lands or any portion thereof, upon such terms and conditions as he may deem for the best interests of the state, not inconsistent with the provisions of law.

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Terms Used In New Mexico Statutes 19-5-7

  • Contract: A legal written agreement that becomes binding when signed.