Before entering upon the duties of his office the commissioner shall qualify by taking and subscribing an oath as prescribed by the constitution and by executing a bond to the state in the penal sum of fifty thousand dollars ($50,000), conditioned for the faithful performance of the duties of his office, and which bond, together with said oath, shall be filed in the office of the secretary of state. If such bond be executed by a surety company, the expense thereof shall be paid out of the state lands maintenance fund.
History: Laws 1912, ch. 82, § 3; Code 1915, § 5180; C.S. 1929, § 132-103; 1941 Comp., § 8-103; 1953 Comp., § 7-1-3.
ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Cross references. — For the state lands maintenance fund, see 19-1-11 NMSA 1978.
For the oath to support constitution and laws and carry out duties of office, see N.M. Const., art. XX, § 1.
For the bonds required for public officers and employees, and filing of same, see 10-2-1 NMSA 1978 et seq.
For the Surety Bond Act, see 10-2-13 NMSA 1978 et seq.