New Mexico § 19-8-10 - Saline leases; royalties; record of sales; conditions
Full text of New Mexico New Mexico Statutes Annotated § 19-8-10 — Saline leases; royalties; record of sales; conditions, with citation guidance and answers to common questions.
§ 19-8-10. Saline leases; royalties; record of sales; conditions
The commissioner may execute leases for the extraction of salt from the saline lands
and lakes belonging to the state. Such leases shall provide for a royalty on all salt extracted therefrom of not less
than ten percent of the actual sale price at the place of extraction. Said royalties shall be paid quarterly and accurate record shall be kept of all
sales made. All leases made hereunder shall contain such conditions and shall provide for the
cancellation of the lease by the commissioners for the breach thereof.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 19-8-10
What does New Mexico Statutes Annotated § 19-8-10 cover?
Section 19-8-10 ("Saline leases; royalties; record of sales; conditions") 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 § 19-8-10?
A common citation format is "New Mexico Statutes Annotated § 19-8-10" (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 § 19-8-10 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.