Relating to Coal Leases on State Land | Midpage

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New Mexico Administrative Code

Part 6

Relating to Coal Leases on State Land

State of New Mexico

1Issuing Agency 2Scope 3Statutory Authority 4Duration 5Effective Date 6Objective 7Definitions 8Lands Subject to Lease-competitive Bid 9Applications 10Notice of Sale 11Acceptance of Bids 12Tie Bids 13Limitations to Not More Than Two (2) Persons or Legal Entities -- Waiver 14Term of Lease 15Production Royalties 16Advance Royalties 17Exploration Surety 18Development Surety 19Assignments 20Assignment by Consolidation 21Assignment by Merger 22Assignment by Reorganization 23Reserved 24Leases Issued Prior to July 1, 1989 25Effective Date 26Form of Lease