The commissioner may contract with lessees of state lands to develop water thereon, and in consideration of any such improvement the lessee shall be credited with not to exceed one-third of the rental value of the land leased during the term of the lease.
History: Laws 1912, ch. 82, § 46; Code 1915, § 5224; C.S. 1929, § 132-147; 1941 Comp., § 8-609; 1953 Comp., § 7-6-9.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Structure 2021 New Mexico Statutes
Article 5 - Classification, Care and Protection of State Lands
Section 19-5-2 - [Maps, plats and tract books for recording data.]
Section 19-5-3 - [Fire protection; expenses.]
Section 19-5-4 - State engineer to investigate water supply.
Section 19-5-5 - [Wells to be equity of state.]
Section 19-5-6 - [Purchaser of land to pay value of well.]
Section 19-5-7 - [Irrigation systems; contracts for construction.]
Section 19-5-8 - [Proposal to construct irrigation system.]