Natural resources damage; liability; awards for damages
Known as the Natural Resources Trustee Act
The act spans §§ 75–75 (5 sections).
Applied in 1 court decision — leading case New Mexico v. General Electric Co. (2006)
Most recently applied in New Mexico v. General Electric Co. (October 2006)
Laws 1993, ch. 292, § 4.
Awards for damage to natural resources in the state shall consist of those amounts calculated in accordance with federal law, including:
A. the cost of restoration, replacement or acquisition of equivalent resources, plus compensation for the loss of use or enjoyment of the natural resources; and
B. compensation for the state's expenses in investigating, assessing and collecting damages and enforcing the state's rights.
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.