New Mexico § 19-7-63 - Erroneous distribution to permanent fund
Full text of New Mexico New Mexico Statutes Annotated § 19-7-63 — Erroneous distribution to permanent fund, with citation guidance and answers to common questions.
§ 19-7-63. Erroneous distribution to permanent fund
Refunds shall be made hereunder, of any money erroneously distributed to any permanent
fund, only out of that part of the state lands maintenance fund distributable to that
beneficiary into whose permanent fund the erroneous distribution was made. Provided, however, in the event the fund distributable to a beneficiary for the
current fiscal year is insufficient to pay an approved refund, a temporary loan may
be made to that beneficiary from that part of the maintenance fund as represents receipts
for fees and copies. Such loans are repayable from distributable funds allocated to the beneficiary for
the following fiscal year.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 19-7-63
What does New Mexico Statutes Annotated § 19-7-63 cover?
Section 19-7-63 ("Erroneous distribution to permanent 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 § 19-7-63?
A common citation format is "New Mexico Statutes Annotated § 19-7-63" (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 § 19-7-63 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.