In addition to any other requirements of law, in all leases, deeds or sales contracts of state lands for any purpose, there shall be inserted a clause reserving the right to execute leases for geothermal resource development and operation thereon; the right to sell or dispose of the geothermal resources of such lands; and the right to grant rights-of-way and easements for the purpose of this section.
History: 1953 Comp., § 7-15-16, enacted by Laws 1967, ch. 158, § 16.
Cross references. — For sale rather than lease of known saline, mineral and oil and gas lands, see 19-7-25 NMSA 1978.
For reservation from sale of mineral deposits, products and easements on grazing and agricultural leases, see 19-7-28 NMSA 1978.
For rights-of-way and easements over state lands, see 19-7-56, 19-7-57 NMSA 1978.
For reservation of roadway over timbered and mountain lands sold by state, see 19-11-8 NMSA 1978.
For reservation of mineral purchase rights in state lands leased or conveyed, see 19-14-1 to 19-14-3 NMSA 1978.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
