There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 19: Public Lands
Article 4: Townsites, 19-4-1 through 19-4-42
Section 19-4-42: Disposition of proceeds.
NM Stat § 19-4-42 (1996 through 1st Sess 50th Legis) What's This?
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.
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