The commissioner's authority to manage the state trust lands is found in N.M. Const., Art. XIII, Section 2, and in Section 19-1-1 NMSA 1978. The authority to promulgate this rule is found in Section 19-1-2 NMSA 1978.

[19.2.19.3 NMAC – Rp, 19.2.19.3 NMAC, 12/13/13]