New Mexico Statutes

§ 19-5-9 — [Water developed by lessee; credit.]

New Mexico·Ch. 19 Public Lands·Art. 5 Classification, Care and Protection of State Lands
The commissioner may contract with lessees of state lands to develop water thereon, and in consideration of any such improvement the lessee shall be credited with not to exceed one-third of the rental value of the land leased during the term of the lease.

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New Mexico § 19-5-9 ([Water developed by lessee; credit.]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Laws 1912, ch. 82, § 46; Code 1915, § 5224; C.S. 1929, § 132-147; 1941

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