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NEW MEXICO STATUTES AND CODES
Section 19-8-5 - Term of lease.
19-8-5. [Term of lease.]
Leases under this act [19-8-4 to 19-8-7 NMSA 1978] may be made for a term of ten years or less and as long thereafter as said minerals, or any of them, in paying quantities shall be produced from the leased lands.
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