New Mexico Administrative Code
Title 19 - NATURAL RESOURCES AND WILDLIFE
Chapter 2 - STATE TRUST LANDS PART 24 CULTURAL PROPERTIES PROTECTION
Part 13 - RELATING TO THE SALE OF TIMBER ON STATE LANDS
Section 19.2.13.15 - TIMBER SALE CONTRACTS - PAYMENTS

Universal Citation: 19 NM Admin Code 19.2.13.15
Current through Register Vol. 35, No. 18, September 24, 2024

Timber contracts may be issued for a period of five (5) years or less unless the same be canceled for cause, unless sooner cut out or unless conditions beyond the control of the purchaser prevent completion within the specified time. Upon proper application and due proof of inability to complete the contract within its term, the commissioner may extend the same for reasonable periods in the best interests of the trust.

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