Constitution of New Mexico (2025 publisher edition) — ARTICLE XXIV

Publisher edition notice: This collection preserves the complete Secretary of State's 2025 compilation, identifying amendments through 2024, including the publisher's source notes and annotations. Later amendments have not been independently verified.

ARTICLE XXIV

ARTICLE XXIV Leases on State Land Sec. 1. Contracts for the development and produc- tion of minerals or development and operation of geothermal steam and wa- ters on state lands. Section 1. [Contracts for the development and production of minerals or development and operation of geothermal steam and waters on state lands.] Leases and other contracts, reserving a royalty to the state, for the development and production of any and all minerals or for the development and operation of geothermal steam and waters on lands granted or con- firmed to the state of New Mexico by the act of congress of June 20, 1910, entitled "An act to enable the people of New Mex- ico to form a constitution and state govern- ment and be admitted into the union on an

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212© 2025 State of New Mexico. New Mexico Compilation Commission. All rights reserved. Article XXIV – Leases on State Land equal footing with the original states," may be made under such provisions relating to the necessity or requirement for or the mode and manner of appraisement, advertisement and competitive bidding, and containing such terms and provisions, as may be pro- vided by act of the legislature; the rentals, royalties and other proceeds therefrom to be applied and conserved in accordance with the provisions of said act of congress for the support or in aid of the common schools, or for the attainment of the respective purposes for which the several grants were made. (As added November 6, 1928; as amended No- vember 7, 1967.)

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