Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 19-10-40 - [Litigants to show right to have royalties placed in suspense fund; determination of amount — New Mexico Law | CourtGPT
  1. Home/
  2. Laws/
  3. New Mexico/
  4. Chapter 19 - Public Lands/
  5. Article 10 - Lease of Oil and Gas Lands/
  6. Section 19-10-40 - [Litigants to show right to have royalties placed in suspense fund; determination of amount
New Mexico Legal Code

Section 19-10-40 - [Litigants to show right to have royalties placed in suspense fund; determination of amount

Ask AI about this
The commissioner of public lands shall require the lessee or any party litigant in such litigation desiring to have such royalties placed in such suspense fund, to make such showing by affidavit or otherwise as the commissioner may require, that such litigation is pending and involves the question or questions referred to in Section 1 [19-10-39 NMSA 1978] hereof; and he shall require such lessee or any party litigant to furnish such information as may be necessary to determine the amount of royalties accruing from each and every tract of land involved in such litigation. History: Laws 1931, ch. 17, § 2; 1941 Comp., § 8-1133; 1953 Comp., § 7-11-34. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.