State Codes and Statutes

Statutes > New-mexico > Chapter-70 > Article-7 > Section-70-7-13

70-7-13. Income from unitized substances.

The portion of the unit production allocated to any tract, and the proceeds from the sale thereof, shall be the property and income of the several persons to whom, or to whose credit, the same are allocated or payable under the order providing for unit operations.   

State Codes and Statutes

Statutes > New-mexico > Chapter-70 > Article-7 > Section-70-7-13

70-7-13. Income from unitized substances.

The portion of the unit production allocated to any tract, and the proceeds from the sale thereof, shall be the property and income of the several persons to whom, or to whose credit, the same are allocated or payable under the order providing for unit operations.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-70 > Article-7 > Section-70-7-13

70-7-13. Income from unitized substances.

The portion of the unit production allocated to any tract, and the proceeds from the sale thereof, shall be the property and income of the several persons to whom, or to whose credit, the same are allocated or payable under the order providing for unit operations.