N.M. Admin. Code § 19.2.2.18

Current through Register Vol. 35, No. 23, December 10, 2024
Section 19.2.2.18 - TIE BIDS

In the event the sale is by sealed bids and two or more bidders submit the highest bonus, then the commissioner may provide written notice of a tie to all bidders for the tract. Such notice may request the bidders to offer an additional bonus in the manner specified in the notification letter. Alternatively, the commissioner may declare the sale void.

N.M. Admin. Code § 19.2.2.18

19.2.2.18 NMAC - N, 3/14/2001