New Mexico Statutes 19-10-64. [Royalties paid in oil; sale of;] purpose of act
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The purpose of this act N.M. Stat. Ann. § 19-10-64 to 19-10-70 is to assist small business enterprise within the state by encouraging the establishment and operation of petroleum refineries not having an adequate supply of refinery charge stocks through granting a preference to such petroleum refineries in the sale of state royalty oil accruing from public land oil and gas leases.