N.M. Admin. Code § 19.2.100.42

Current through Register Vol. 35, No. 23, December 10, 2024

Section 19.2.100.42 - APPROVAL AND FILING WITHHELD

A. When assignments are accompanied by personal checks, the commissioner reserves the right to withhold approval of any and all assignments until checks are cleared and rentals on the lease from which assignments are made must be fully paid before assignments are subject to filing in the state land office.

B. When an assignment is presented to the commissioner for approval and the address of record of the assignee thereon is the same as that of the assignor, or when such address had not been established on the records of the state land office, or when the approved assignment is to be returned to the assignor, the commissioner reserves the right to withhold approval and filing of the assignment until the assignee has verified, under oath, the address and the assignee's acceptance of the assignment of the lease.

N.M. Admin. Code § 19.2.100.42

19.2.100.42 NMAC - Rn, SLO Rule 1, Section 1.035, 12/13/2002, Adopted by New Mexico Register, Volume XXVII, Issue 12, June 30, 2016, eff. 6/30/2016, Amended by New Mexico Register, Volume XXX, Issue 11, June 11, 2019, eff. 6/11/2019