Section 19-10-66 - Payment of royalties of the state in oil on demand.

NM Stat § 19-10-66 (2019) (N/A)
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All royalties accruing to the state under any oil or gas lease or permit under Sections 19-10-1 to 19-10-62 [repealed] NMSA 1978, shall be paid in royalty oil on demand of the commissioner of public lands.

History: 1953 Comp., § 7-11-59, enacted by Laws 1967, ch. 34, § 3.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Laws 1994, ch. 102, § 3 repealed 19-10-62 NMSA 1978, effective May 18, 1994.