N.M. Admin. Code § 19.2.100.47

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

Section 19.2.100.47 - TRANSFER OF RIGHTS BY CORPORATE ENTITIES - BY MERGER

In cases where two or more corporations merge, transfer of oil and gas interests to the surviving corporation shall be accomplished by filing with the commissioner a copy of the merger agreement or certificate of merger. Thereafter, the oil and gas lease shall be transferred on the books of the land office in the name of the surviving corporation.

19.2.100.47 NMAC - Rn, SLO Rule 1, Section 1.040 12/13/2002, Adopted by New Mexico Register, Volume XXVII, Issue 12, June 30, 2016, eff. 6/30/2016