Statutes > New Mexico Statutes > Chapter 3 - Municipalities. > Article 16 - Combined Municipal Organizations, 3-16-1 through 3-16-18. > Section 3-16-16 - City and county property vests in combined organization.

Section 3-16-16 - City and county property vests in combined organization.

3-16-16. City and county property vests in combined organization.

If there is a city and county consolidation, all property, real, personal or mixed, belonging to the city or county shall vest in and become the property of the combined municipal organization government immediately when the combined municipal organization government becomes operative.