A. Considered and resolved by legislative determination, it is declared that:
Terms Used In New Mexico Statutes 73-20-26
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(1) the land, waters and other natural resources are the basic physical assets of New Mexico, and their preservation and development are necessary to protect and promote the health and general welfare of the people of the state;
(2) the improper use of land and related natural resources, soil erosion and water loss result in economic waste in New Mexico through the deterioration of the state’s natural resources; and
(3) appropriate corrective and conservation practices and programs must be encouraged and executed in New Mexico to conserve and develop beneficially the soil, water and other natural resources of the state.
(2) prevent floodwater and sediment damage;
(3) further the conservation, development, beneficial application and proper disposal of water;
(4) promote the use of impounded water for recreation, propagation of fish and wildlife, irrigation and for urban and industrial needs; and
(5) by the application of these measures, conserve and develop the natural resources of the state, provide for flood control, preserve wildlife, protect the tax base and promote the health, safety and general welfare of the people of New Mexico.