The commissioner of public lands has the right to lease for oil and gas and other minerals any lands acquired by the state for state park or state recreational purposes when authorized so to do by the state park and recreation director, the same to be leased upon such terms and conditions as may be prescribed by the state park and recreation director. All bonuses, rentals and royalties which may be collected under the terms of any such lease by the commissioner of public lands shall be placed to the credit of the state park and recreation fund.
§ 19-10-51 NMSA 1978
Terms and conditions of leases on state park lands; disposition of rentals and royalties
1941 Comp., § 8-1144, enacted by Laws 1949, ch. 82, § 2; 1953 Comp., § 7-11-45; Laws 1977, ch. 254, § 43.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.