N.M. Admin. Code § 19.2.2.36
Current through Register Vol. 35, No. 23, December 10, 2024
Unless waived by the commissioner in writing, and before the commencement of mining activity, the lessee shall provide financial assurance to guarantee payment of royalties and to comply with the terms and conditions of the mineral lease other than reclamation, which is covered under 19.2.2.39 NMAC. The commissioner will determine the amount of financial assurance required.
N.M. Admin. Code § 19.2.2.36