Statutes > New Mexico Statutes > Chapter 19 - Public Lands. > Article 1 - Commissioner of Public Lands; Disposition of Revenue, 19-1-1 through 19-1-24. > Section 19-1-13 - Maintenance fund balance; apportionment.

Section 19-1-13 - Maintenance fund balance; apportionment.

19-1-13. Maintenance fund balance; apportionment.

Any balance remaining in the state lands maintenance fund on June 30 of each year shall be apportioned by the state treasurer among the several funds from which derived. In addition, the state treasurer shall make distributions in such amounts as the commissioner may determine to be surplus.