Relinquishment of leases.

Checkout our iOS App for a better way to browser and research.

With the consent of the commissioner, any lease issued under the provisions of this act [19-8-14 to 19-8-18, 19-8-21 to 19-8-33 NMSA 1978] may be relinquished in whole or in part to the state of New Mexico; provided, however, the commissioner shall not approve any relinquishment of an undivided interest therein nor less than a legal subdivision.

History: 1953 Comp., § 7-9-27, enacted by Laws 1955, ch. 53, § 11.

ANNOTATIONS

Cross references. — For relinquishment of lease of state lands with written consent of commissioner, see 19-7-36 NMSA 1978.

For relinquishment of lease issued under Geothermal Resources Act, see 19-13-8 NMSA 1978.


Download our app to see the most-to-date content.