N.M. Admin. Code § 19.2.9.16

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

Section 19.2.9.16 - APPROVAL OF IMPROVEMENTS

No improvements shall be placed, developed, created or constructed on trust land, or obtained or developed for the benefit of trust land, or made appurtenant to trust land without the prior approval of the commissioner. Such approval may be conditioned upon certain requirements imposed by the commissioner which may include, without limitation, the provision of a bond or other adequate security to assure proper removal of improvements from trust land and the restoration of trust land.

A. A request for the commissioner's approval shall be made in writing on such forms and in such manner as may be required by the commissioner, and shall be accompanied by the fee set forth in the schedule of fees. The commissioner shall not be obligated to approve any improvements.

B. A business lease may identify existing and proposed improvements that are approved by the commissioner when the commissioner determines it is in the best interests of the trust.

C. If the commissioner does not grant prior approval for improvements, the commissioner may, in the best interests of the trust, approve improvements after the improvements have been placed, developed, created or constructed on, obtained or developed for the benefit of, or made appurtenant to trust land.

N.M. Admin. Code § 19.2.9.16

19.2.9.16 NMAC - N, 5/15/2001, Amended by New Mexico Register, Volume XXX, Issue 11, June 11, 2019, eff. 6/11/2019