New Mexico § 70-1-5 [Demand for release must precede action.]

New Mexico Statutes

§ 70-1-5 — [Demand for release must precede action.]

New Mexico·Ch. 70 Oil and Gas·Art. 1 Assignments and Leases

At least twenty days before bringing the action provided for in this act [70-1-3 to 70- 1-5 NMSA 1978], the owner of the leased land, either by himself or by his agent or attorney, shall demand of the holder of the lease (if such demand by ordinary diligence can be made in this state) that said lease be released of record. Such demand may be either written or oral. When written, a letterpress or carbon or written copy thereof, when shown to be such, may be used as evidence in any court with the same force and effect as the original.

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At least twenty days before bringing the action provided for in this act [70-1-3 to 70- 1-5 NMSA 1978], the owner of the leased land, either by himself or by his agent or attorney, shall demand of the holder of the lease (if such demand by ordinary diligence can be made in this state) that said lease be released of record. Such demand may be either written or oral. When written, a letterpress or carbon or written copy thereof, when shown to be such, may be used as evidence in any court with the same force and effect as the original.

New Mexico § 70-1-5 ([Demand for release must precede action.]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.