All royalties accruing to the state under any oil or gas lease or permit under Sections 19-10-1 to 19-10-62 [repealed] NMSA 1978, shall be paid in royalty oil on demand of the commissioner of public lands.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 Laws 1994, ch. 102, § 3 repealed 19-10-62 NMSA 1978, effective May 18, 1994.