Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 70-2-37 - Oil and gas reclamation fund created; disposition of fund — New Mexico Law | CourtGPT
  1. Home/
  2. Laws/
  3. New Mexico/
  4. Chapter 70 - Oil and Gas/
  5. Article 2 - Oil Conservation Commission; Division;/
  6. Section 70-2-37 - Oil and gas reclamation fund created; disposition of fund
New Mexico Legal Code

Section 70-2-37 - Oil and gas reclamation fund created; disposition of fund

Ask AI about this
There is created the 'oil and gas reclamation fund'. In addition to other sources, money in the fund may consist of donations. All funds in the oil and gas reclamation fund are appropriated to the energy, minerals and natural resources department for use by the oil conservation division in carrying out the provisions of the Oil and Gas Act. History: 1953 Comp., § 65-3-37, enacted by Laws 1977, ch. 237, § 4; 1978, ch. 117, § 2; 1987, ch. 234, § 64; 1989, ch. 324, § 33; 2010, ch. 98, § 3. ANNOTATIONSThe 2010 amendment, effective May 10, 2010, added the second sentence. The 1989 amendment, effective April 7, 1989, deleted 'and the earnings therefrom' following 'gas reclamation fund' in the second sentence. The 1987 amendment, effective July 1, 1987, substituted 'energy, minerals and natural resources' for 'energy and minerals' and made a minor language change.