New Mexico § 19-7-46 - Satisfaction of debt for which assignment of grazing or agricultural lease or purchase contracts given as security; filing of release
Full text of New Mexico New Mexico Statutes Annotated § 19-7-46 — Satisfaction of debt for which assignment of grazing or agricultural lease or purchase contracts given as security; filing of release, with citation guidance and answers to common questions.
§ 19-7-46. Satisfaction of debt for which assignment of grazing or agricultural lease or purchase contracts given as security; filing of release
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.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 19-7-46
What does New Mexico Statutes Annotated § 19-7-46 cover?
Section 19-7-46 ("Satisfaction of debt for which assignment of grazing or agricultural lease or purchase contracts given as security; filing of release") 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 § 19-7-46?
A common citation format is "New Mexico Statutes Annotated § 19-7-46" (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 § 19-7-46 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.