New Mexico Statutes

N.M. Stat. § 72-6-1 (2026)

Short title

✓ current as of May 2026
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Chapter 72, Article 6 NMSA 1978 may be cited as the "Water-Use Leasing Act".

History: 1953 Comp., § 75-40-1, enacted by Laws 1967, ch. 100, § 1; 2014, ch. 45, § 1; 2014, ch. 48, § 1.

ANNOTATIONS

The 2014 amendment, effective May 21, 2014, added the NMSA chapter and article for the Water Leasing Act; and at the beginning of the sentence, deleted "This act" and added "Chapter 72, Article 6 NMSA 1978". Laws 2014, ch. 45, § 1 and Laws 2014, ch. 48, § 1, both effective May 21, 2014, enacted identical amendments to this section. The section was set out as amended by Laws 2014, ch. 48, § 1. See 12-1-8 NMSA 1978.

Law reviews. — For article, "The Model Water Code, the Wise Administrator and the Goddam Bureaucrat," see 14 Nat. Resources J. 207 (1974).

For article, "Transfer of Water Rights," see 29 Nat. Resources J. 457 (1989).

Notes of Decisions
Cited in 2 cases, 1971–1976 · leading case: Prop. Tax Dep't v. Molycorp, Inc., 555 P.2d 903 (N.M. 1976).
Prop. Tax Dep't v. Molycorp, Inc., 555 P.2d 903 (N.M. 1976). “VIII, § 1; §§ 72-6-1, 72-6-4, 72-6-7, N.M.S.A.1953], § 70-4 (Feb.”
Int'l Minerals & Chem. Corp. (IMC) v. Prop. Appraisal Dep't, 492 P.2d 1265 (N.M. Ct. App. 1971). “An Act Relating to State Tax Commission, § 72-6-1 to § 72-6-20, including § 72-6-7.”
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