New Mexico § 19-7-46 [Satisfaction of debt for which assignment of grazing or

New Mexico Statutes

§ 19-7-46 — [Satisfaction of debt for which assignment of grazing or

New Mexico § 19-7-46

Ch. 19Public Lands

Art. 7Sale and Lease of Lands

This text of New Mexico § 19-7-46 ([Satisfaction of debt for which assignment of grazing or) 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. § 19-7-46 (2026).

Text

agricultural lease or purchase contracts given as security; filing of release.] When any lease debt or evidence of debt secured by an assignment for collateral security of grazing or agricultural leases of state lands or purchase contracts shall have been fully satisfied, it shall be the duty of the mortgagee, trustee or the assignee of such debt or evidence or [of] debt as the case may be to cause the full satisfaction thereof, to be entered of record in the office of the state commissioner of public lands.

Free access — add to your briefcase to read the full text and ask questions with AI

agricultural lease or purchase contracts given as security; filing of release.] When any lease debt or evidence of debt secured by an assignment for collateral security of grazing or agricultural leases of state lands or purchase contracts shall have been fully satisfied, it shall be the duty of the mortgagee, trustee or the assignee of such debt or evidence or [of] debt as the case may be to cause the full satisfaction thereof, to be entered of record in the office of the state commissioner of public lands.