New Mexico § 19-1-14 - Separate accounts; payment of deficiencies; exception

§ 19-1-14. Separate accounts; payment of deficiencies; exception

The commissioner shall keep separate accounts of filing fees which Section 11 of the

Enabling Act requires to be paid to the register and receiver for each final location

or selection of one hundred and sixty acres; also of the costs of all advertisements

required by law or departmental regulations to be made in connection therewith; also,

wherever practicable, of all necessary costs and expenses which may be incurred in

the management, protection and sale or lease of all state lands; and shall charge

all such expenditures and costs to the particular fund for the benefit of which the

respective selections or locations are made. Whenever there is not sufficient money in any such fund for the purposes above mentioned,

the deficiency shall be paid out of any funds of the state, except interest on the

public debt, and shall be repaid out of the proceeds subsequently derived from such

lands; provided, this section shall not apply to lands granted for the payment of

the bonds of Santa Fe and Grant counties, and the interest thereon, the expenses incident

to the selection or location, management, protection and sale of which shall be defrayed

in the manner prescribed by law; and provided further, that no portion of the expenses

last mentioned shall be paid out of any monies derived from any other lands granted

or belonging to the state.