Leases issued under the provisions of this act [19-8-14 to 19-8-18, 19-8-21 to 19-8-33 NMSA 1978] shall cover a specified area conforming to a legal subdivision or subdivisions and shall not exceed sixteen (16) subdivisions, being 640 [six hundred and forty acres] more or less, all of which shall be contiguous; provided, however, that leases issued in exchange for existing permits as provided by Section Four [19-8-17 NMSA 1978] of this act need not be contiguous if all legal subdivisions be situate and lie within the same township and range.
History: 1953 Comp., § 7-9-31, enacted by Laws 1955, ch. 53, § 15.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
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