In addition to any other requirements of law, in all leases, deeds or sales contracts of state lands for any purpose, there shall be inserted a clause reserving the right to execute leases for geothermal resource development and operation thereon; the right to sell or dispose of the geothermal resources of such lands; and the right to grant rights-of-way and easements for the purpose of this section.
§ 19-13-16 NMSA 1978
State land sales and leases; reservations
Known as the Geothermal Resources Act
The act spans §§ 19–19 (30 sections).
1953 Comp., § 7-15-16, enacted by Laws 1967, ch. 158, § 16.
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.