New Mexico Statutes Chapter 73. Special Districts § 73-8-45. Excluding land

Any tract of land included within the boundary of such district at or after its organization under this act, may be excluded therefrom, in the manner herein prescribed; but such exclusion of land from the district shall not impair or affect its organization, or its rights in or to property or any of its rights or privileges of whatever kind or nature, nor shall such exclusion affect, impair or discharge any contract, obligation, lien or charge for or upon which it would or might become liable or chargeable, had such land not been excluded from the district.