New Mexico § 7-1-6.70 - Distribution; land grant-merced assistance fund
Full text of New Mexico New Mexico Statutes Annotated § 7-1-6.70 — Distribution; land grant-merced assistance fund, with citation guidance and answers to common questions.
§ 7-1-6.70. Distribution; land grant-merced assistance fund
A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the land grant-merced assistance fund in an amount equal to five-hundredths
percent of the net receipts attributable to the gross receipts tax after distributions
have been made pursuant to Sections 7-1-6.46 and 7-1-6.47 NMSA 1978 .
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 7-1-6.70
What does New Mexico Statutes Annotated § 7-1-6.70 cover?
Section 7-1-6.70 ("Distribution; land grant-merced assistance fund") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 7-1-6.70?
A common citation format is "New Mexico Statutes Annotated § 7-1-6.70" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 7-1-6.70 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.