When any lease debt or evidence of debt secured by an assignment for collateral security of grazing or agricultural leases of state lands or purchase contracts shall have been fully satisfied, it shall be the duty of the mortgagee, trustee or the assignee of such debt or evidence or [of] debt as the case may be to cause the full satisfaction thereof, to be entered of record in the office of the state commissioner of public lands.
History: 1941 Comp., § 8-836b, enacted by Laws 1953, ch. 69, § 1; 1953 Comp., § 7-8-48.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 73A C.J.S. Public Lands §§ 186, 197.
Structure 2021 New Mexico Statutes
Article 7 - Sale and Lease of Lands
Section 19-7-1 - [Application for lease or purchase; appraisement.]
Section 19-7-3 - [Numbering and dating applications upon receipt.]
Section 19-7-4 - [Deposit of funds; rejection of application without deposit.]
Section 19-7-5 - [Simultaneous applications.]
Section 19-7-6 - [Offenses by officers or employees of land office; penalty.]
Section 19-7-7 - [False swearing in application or appraisement.]
Section 19-7-9 - Sale and lease of state lands; conveyance for term of years; terms and conditions.
Section 19-7-9.1 - State land office; public notice; public meetings.
Section 19-7-10 - [Restrictions on deferred payments.]
Section 19-7-12 - [Outstanding contracts may be canceled and new contracts granted; conditions.]
Section 19-7-14 - Owner of improvements compensated by purchaser or by subsequent lessee.
Section 19-7-15 - Definition of improvements.
Section 19-7-16 - Cost of appraisal.
Section 19-7-18 - Bond required.
Section 19-7-19 - [Failure to comply with contract; forfeiture at option of commissioner.]
Section 19-7-21 - [Townsite lands; subdivision.]
Section 19-7-22 - [Cemetery or school site lands; subdivision and sale.]
Section 19-7-23 - [School section used for cemeteries; not to be sold.]
Section 19-7-24 - [Management of cemeteries on school sections; sale of lots; cemetery association.]
Section 19-7-26 - State irrigable lands; sale; conveyance to United States.
Section 19-7-27 - [Lands subject to lease.]
Section 19-7-29 - [Grazing leases; rental rates; annual rental; appraisal of land.]
Section 19-7-30 - Grazing or agricultural leases; maximum term; method of payment.
Section 19-7-32 - [Open and unleased land within Taylor grazing allotment of another.]
Section 19-7-33 - [Right of relinquishment not restricted.]
Section 19-7-34 - [Rent lien; attachment; forfeiture.]
Section 19-7-36 - [Assignment or relinquishment of lease; consent of commissioner required.]
Section 19-7-38 - [Presenting assignment to commissioner; indexing; filing; public inspection.]
Section 19-7-40 - [Assignments not filed and approved; effect.]
Section 19-7-41 - [Foreclosure of assignments; rights of purchaser.]
Section 19-7-42 - [Release of assignments; recording.]
Section 19-7-44 - [Rules and regulations; filing and recording fee.]
Section 19-7-45 - [Construction of act; prior assignments and mortgages.]
Section 19-7-47 - [Violation; penalty; civil liability.]
Section 19-7-48 - [Existing collateral assignments ratified; application of act thereto.]
Section 19-7-49 - [New grazing lease; time for filing application; prior lessee preferred.]
Section 19-7-51 - [Improvement on grazing or agricultural lease; restrictions.]
Section 19-7-52 - Excessive permanent improvements become part of realty.
Section 19-7-54 - Municipalities leasing lands within five miles of limits; uses; term.
Section 19-7-55 - Counties and school districts leasing state lands; uses; term.
Section 19-7-57 - Commissioner; powers; easements; rights of way.
Section 19-7-58 - [Rights-of-way; interference with roads or highways.]
Section 19-7-62 - Annual appropriation for refunds; payment from state lands maintenance fund.
Section 19-7-63 - Erroneous distribution to permanent fund.
Section 19-7-64 - [Contesting rights to state lands; rules and regulations.]
Section 19-7-65 - [Commissioner's power relative to oaths, witnesses and documents.]
Section 19-7-66 - [Perjury in contest proceedings; penalty.]
Section 19-7-67 - Contest; commissioner; appeal to district court.