N.M. Stat. § 73-9-53
[Petition for dissolution of district; who may file; contents;
calling election; notice; ballots.]
Whenever a majority of the resident freeholders, representing a majority of the
number of the acres of the land included in any irrigation district organized or hereafter
to be organized under this act, shall petition the board of directors to call a special
election for the purpose of submitting to the qualified electors of said irrigation district a
proposition to vote on the question of dissolution of said irrigation district, setting forth in
said petition that all obligations, bills and claims of every nature whatsoever have been
fully satisfied and paid, it shall be the duty of said directors, if they shall be satisfied that
all obligations, claims and bills have been fully satisfied, to call an election, setting forth
the object of the said election, and to cause notice of said election to be published in
some newspaper in each of the counties in which any part of said district is located, for
a period of thirty (30) days next prior to said election, setting forth the time and place for
holding said election in each of the voting precincts in said district. It shall also be the
duty of the directors to prepare ballots to be used at said election on which shall be
written or printed the words: "For Dissolution - Yes," and "For Dissolution - No."