New Mexico Court of Appeals June 13, 2012, No. 33,632; Docket No. 30,359 (First Baptist Church v. Yates Petroleum Corp.)

OPINION

VIGIL, Judge.

{1} This case requires us to determine whether a contractual agreement to waive interest on proceeds owed to mineral owners of the rights to a well is rendered void by the New Mexico Oil and Gas Proceeds Payment Act (the Act), NMSA 1978, Sections 70-10-1 to -6 (1985, as amended through 1991).