No water board created under this act N.M. Stat. Ann. § 3-61-1 to 3-61-4 shall have the power to enter into a contract which by its terms prohibits any governing body or any local subdivision from abolishing the water board by repeal of the ordinance or ordinances by which the water board was created.

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Terms Used In New Mexico Statutes 3-61-4

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