N.M. Code R. § 19.2.2.40
Forms for all financial assurance instruments required by the commissioner shall either be prescribed by the commissioner or be in a form approved by the commissioner. In addition, the permitting agency must approve the form of financial assurance required for reclamation in accordance with that agency’s governing law and regulations.
[19.2.2.40 NMAC - N, 03/14/2001]