New Mexico Statutes

§ 49-1-3 — Board of trustees; management of grant; powers

New Mexico·Ch. 49 Land Grants·Art. 1 General Provisions
The management and control of all land grants-mercedes and tracts of land to which Sections 49-1-1 through 49-1-18 NMSA 1978 are applicable is vested in a board of trustees, to be known as the "board of trustees of the land grant-merced del pueblo de _____" (designating the name of the town, colony, pueblo or community), and the board shall have the power to: A. control, care for and manage the land grant-merced and real estate, prescribe the terms and conditions under which the common lands may be used and enjoyed and make all necessary and proper bylaws, rules and regulations that shall be in substantial compliance with applicable statutes for the government thereof; B. sue and be sued under the title as set forth in this section; C. convey, lease or mortgage the common lands of the land

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Legislative History

Laws 1907, ch. 42, § 3; Code 1915, § 801; C.S. 1929, § 29-103; 1941 Comp.,

Nearby Sections

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