Statutes > New Mexico Statutes > Chapter 19 - Public Lands. > Article 4 - Townsites, 19-4-1 through 19-4-42. > Section 19-4-42 - Disposition of proceeds.

Section 19-4-42 - Disposition of proceeds.

19-4-42. [Disposition of proceeds.]

All expenses of sale shall first be deducted from the proceeds and the surplus, if any, shall be paid over by the said probate judge and the commissioner to the county treasurer for the benefit and to the use of the school district where such townsite is situated.