New Mexico § 49-2-12 - Compensation of trustees
Full text of New Mexico New Mexico Statutes Annotated § 49-2-12 — Compensation of trustees, with citation guidance and answers to common questions.
§ 49-2-12. Compensation of trustees
Each member of the board of trustees of the corporation created under the provisions
of Chapter 86 of the Laws of 1891, or Chapter 54 of the Laws of 1897, or under the
provisions of this act, shall receive for his services as trustee the sum of twenty-four
dollars ($24.00) per year, payable quarterly.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 49-2-12
What does New Mexico Statutes Annotated § 49-2-12 cover?
Section 49-2-12 ("Compensation of trustees") 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 § 49-2-12?
A common citation format is "New Mexico Statutes Annotated § 49-2-12" (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 § 49-2-12 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.