Section 19-1-13 – Maintenance fund balance; apportionment.
Any balance remaining in the state lands maintenance fund on June 30 of each year shall be apportioned by the state treasurer among the several funds from which derived. In addition, the state treasurer shall make distributions in such amounts as the commissioner may determine to be surplus. History: Laws 1912, ch. 82, § 8; […]
Section 19-1-14 – [Separate accounts; payment of deficiencies; exception.]
The commissioner shall keep separate accounts of filing fees which Section eleven [11] of the Enabling Act requires to be paid to the register and receiver for each final location or selection of one hundred and sixty acres; also of the costs of all advertisements required by law or departmental regulations to be made in […]
Section 19-1-15 – Repealed.
ANNOTATIONS Repeals. — Laws 1989, ch. 11, § 2 repealed 19-1-15 NMSA 1978, as amended by Laws 1977, ch. 247, § 85, relating to erroneous payments on account of leases or sales, effective June 16, 1989.
Section 19-1-16 – [Deposit of money derived from state lands.]
All monies derived from state lands, including permanent funds pending investment, shall be deposited by the state treasurer in accordance with law regulating deposits of state funds. History: Laws 1912, ch. 82, § 11; Code 1915, § 5188; C.S. 1929, § 132-111; 1941 Comp., § 8-114; 1953 Comp., § 7-1-15. ANNOTATIONS Bracketed material. — The […]
Section 19-1-17 – Permanent, income and current funds; creating deposits.
A. The following funds are created. B. To the credit of these funds, in the respective proportions to which they are by law entitled, all money derived from state lands shall be deposited by the commissioner with the state treasurer, as nearly as possible, on the first day of each calendar month. The commissioner shall […]
Section 19-1-18 – Sources of special funds.
The permanent funds created by Sections 19-1-17 through 19-1-20 NMSA 1978 shall consist of the proceeds of sales of lands belonging to and that may have been or may hereafter be granted to the state, not otherwise appropriated by the terms and conditions of the grant, interest on the permanent funds, income from investment of […]
Section 19-1-3 – Delinquent payments; interest.
When entering into contracts for the sale, lease or other disposition of public lands under his jurisdiction, the commissioner of public lands is authorized to contract for payment of interest on any payment of rental, royalty, principal interest or other indebtedness which becomes delinquent. Interest on delinquent payments shall not exceed the rate of one […]
Section 19-1-4 – [Oath and bond.]
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 […]
Section 19-1-5 – [Land commission under Enabling Act; members; officers; locating agents.]
The commissioner of public lands shall be the third member along with the governor and attorney general of the commission created by Section 11 of the act of congress designated as the Enabling Act, approved June 20, 1910. The governor shall be chairman and said commissioner shall be secretary of said commission. The commission is […]
Section 19-1-6 – [Assistant commissioner; chief clerk; clerical force.]
The commissioner of public lands is hereby authorized to appoint an assistant commissioner of public lands at a salary of not to exceed two thousand five hundred ($2,500) dollars per annum. Such assistant commissioner, after filing his oath of office and such bond as the commissioner may require, shall, in the absence of the commissioner […]