N.M. Stat. § 73-11-10
[Hearing on validation; scope of proceeding; irregularities
disregarded; costs; judgment.]
Upon the hearing of such special proceedings the court shall find and determine
whether the notice of the filing of the petition has been duly given and published for the
time and in the manner in this act prescribed, and shall have power and jurisdiction to
examine and determine the legality and validity of, and approve and confirm, each and
all of the proceedings for the organization of said district under the provisions of said
act, from and including the petition for the organization of the district, and all other
proceedings which may affect the legality or validity of said bonds, and the order of the
sale and the sale thereof, and all the proceedings, if any, as the case may be, for the
authorization of contract with the United States and the validity of the determination of
the rate of drainage benefits and award of damages, which shall have been made
pursuant to contract with the United States. The court, in inquiring into the regularity,
legality or correctness of said proceedings, must disregard any error, irregularity or
omission which does not affect the substantial rights of the parties to said special
proceedings; and the court may by decree approve and confirm such proceedings in
part, and disapprove and declare illegal or invalid other or subsequent parts of the
proceedings. The cost of the special proceedings may be allowed and apportioned
between the parties, in the discretion of the court. The judgment when finally made and
entered, shall be res judicata in all cases arising in connection with the organization of
the district, and the collection of taxes for payment of the principal and interest of bonds
or for payment of monies required by contract with the United States and in connection
with the award of damages. Provided, however, that a reopening of the judgment upon
the rate of drainage benefits may be had at the petition of the board of directors, upon
sufficient cause shown.