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Section 76-11-9 - Commercial value — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 76-11-9 - Commercial value

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For the purpose of determining the commercial values to be applied under the provisions of Section 76-11-8 NMSA 1978, the department shall determine and publish annually the values per pound of nitrogen, available phosphate and soluble potash in fertilizers in the state. If guarantees are provided, the values shall be per pound of nitrogen, phosphorus and potassium. The values determined and published shall be used in determining and assessing penalties. History: 1953 Comp., § 45-13-19, enacted by Laws 1963, ch. 184, § 9; 1975, ch. 181, § 9; 2013, ch. 112, § 8. ANNOTATIONSThe 2013 amendment, effective June 14, 2013, required the department to publish the values of phosphate and potash in all fertilizers; and in the first sentence, after 'nitrogen, available', deleted 'phosphoric acid' and added 'phosphate', and after 'soluble potash in', deleted 'commercial'. Am. Jur. 2d, A.L.R. and C.J.S. references. — 3 Am. Jur. 2d Agriculture §§ 70, 71. 3 C.J.S. Agriculture § 81.