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Section 33-2-4 - [Transfer of title to new corporation.]

NM Stat § 33-2-4 (2019) (N/A)
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That the governor of the state of New Mexico is hereby authorized and empowered upon the application of the penitentiary of New Mexico, as a body corporate, to execute in the name of the state of New Mexico any necessary deed or deeds, or other conveyances or assurances of title to vest in the penitentiary of New Mexico, as a corporation, complete legal title to any and all real, personal or mixed property heretofore held, used and possessed by the state of New Mexico for the board of penitentiary commissioners [corrections department], and by the board of penitentiary commissioners [department] and their predecessors in office, and the secretary of state is authorized and directed to attest the signature of the governor to any such document and to affix the great seal of the state of New Mexico thereto.

History: Laws 1939, ch. 55, § 4; 1941 Comp., § 45-104; 1953 Comp., § 42-1-4.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

See compiler's notes to 33-2-1 NMSA 1978.

If property transferred to penitentiary, then right to repurchase lost. — Sections 33-2-2 and 33-2-4 NMSA 1978 are applicable to penitentiary property; and if the property was, by the provisions of these sections, transferred to the penitentiary, then the right of repurchase created by Laws 1939, ch. 203 (since repealed) either never came into existence or was lost long prior to the quitclaim deed from grantor to grantee. State v. Thomson, 1969-NMSC-006, 79 N.M. 748, 449 P.2d 656.

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Section 33-2-4 - [Transfer of title to new corporation.]