New Mexico Statutes

§ 49-4-5 — Board of trustees; management of grant; powers

New Mexico § 49-4-5
JurisdictionNew Mexico
Ch. 49Land Grants
Art. 4Chilili Grant

This text of New Mexico § 49-4-5 (Board of trustees; management of grant; powers) 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. § 49-4-5 (2026).

Text

The board of trustees shall have the power to: A. control, care for and manage the land grant-merced and real estate owned by the land grant-merced; 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 and have the standing to sue in law or equity to protect and expand the common lands of the land grant-merced; C. convey, lease or mortgage the common lands of the land grant-merced in accordance with the land grant-merced bylaws; D. determine the number of animals that may be permitted to graze upon the common lands and determine other uses of the common lands that may be authorized

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Legislative History

Laws 2007, ch. 145, § 4.

Nearby Sections

15
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Bluebook (online)
New Mexico § 49-4-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/49/49-4-5.