New Mexico Statutes

§ 49-1-11 — Sale or mortgage of common lands; restrictions

New Mexico·Ch. 49 Land Grants·Art. 1 General Provisions

A. A conveyance of a portion or of all of the common lands of a land grant-merced shall be effective only if:

(1)the conveyance is made in accordance with the land grant-merced bylaws and this section;
(2)the conveyance is made for the benefit of the land grant-merced;
(3)the board of trustees of the land grant-merced has approved a resolution to make the conveyance at a regular meeting held in accordance with Sections 49-1-9 and 49-1-12 NMSA 1978;
(4)the board of trustees has petitioned for an order affirming the board's resolution from the district court of the district in which the property is located; and (5) the district court has issued an order affirming the board of trustees' resolution pursuant to Subsection E of this section. B. An heir may file a written protest of a conveya

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Legislative History

Laws 1907, ch. 42, § 11; 1913, ch. 58, § 2; Code 1915, § 809; C.S. 1929, §

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