Statutes, codes, and regulations
New Mexico Administrative Code
Title 19 - NATURAL RESOURCES AND WILDLIFEChapter 10 - NON-COAL MINING
Part 12 - FINANCIAL ASSURANCE REQUIREMENTS
Section 19.10.12.1209 - REPLACEMENT OF FINANCIAL ASSURANCE

N.M. Admin. Code § 19.10.12.1209

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Current through Register Vol. 35, No. 23, December 10, 2024
Section 19.10.12.1209 - REPLACEMENT OF FINANCIAL ASSURANCE
A. The director may allow a permittee to replace existing financial assurance with other approved financial assurance mechanisms that provide equivalent coverage.
B. The director shall not release existing financial assurance until the permittee has submitted, and the director has approved, acceptable replacement financial assurance. Replacement of financial assurance pursuant to 19.10.12.1209 NMAC shall not constitute a release of the financial assurance under 19.10.12.1210 NMAC.

N.M. Admin. Code § 19.10.12.1209

7-12-94, 2-15-96; 19.10.12.1209 NMAC - Rn, 19 NMAC 10.2.12.1209, 05-15-2001