New Mexico Statutes

§ 19-8-9 — [Suspension of production; authorization by commissioner

New Mexico·Ch. 19 Public Lands·Art. 8 Lease of Mineral Lands
of public lands; extension of primary term of lease; secondary term of lease not determined by.] Provided the lessee complies with all other terms and conditions of the lease, a suspension of production authorized by the commissioner of public lands shall: A. if it occurs during the fixed or primary term of such lease, extend the term of such lease for a period of time equal to the period of such suspension; or B. if it occurs during the indeterminable or secondary term of such lease, prevent the lease from determining in accordance with the limitation of such lease.

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

New Mexico § 19-8-9 ([Suspension of production; authorization by commissioner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

1953 Comp., § 7-9-12.2, enacted by Laws 1959, ch. 178, § 2.

Nearby Sections

15
View on official source ↗