New Mexico Statutes
§ 19-5-9 — [Water developed by lessee; credit.]
New Mexico § 19-5-9
This text of New Mexico § 19-5-9 ([Water developed by lessee; credit.]) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 19-5-9 (2026).
Text
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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Legislative History
Laws 1912, ch. 82, § 46; Code 1915, § 5224; C.S. 1929, § 132-147; 1941
Nearby Sections
15
§ 19-1-1.4
State land trusts advisory board; duties§ 19-1-15
Repealed§ 19-1-18
Sources of special fundsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 19-5-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/19/19-5-9.