New Mexico Administrative Code
Title 19 - NATURAL RESOURCES AND WILDLIFE
Chapter 2 - STATE TRUST LANDS PART 24 CULTURAL PROPERTIES PROTECTION
Part 2 - LEASING FOR GENERAL MINING
Section 19.2.2.14 - NOTICE OF SALE

Universal Citation: 19 NM Admin Code 19.2.2.14
Current through Register Vol. 35, No. 18, September 24, 2024

Prior to holding a competitive bid sale for mineral leasing under 19.2.2 NMAC, the commissioner will provide notice to the public. The notice will set forth the place, date and time of the sale. The notice will describe the area to be covered by the mineral lease and the royalty amount and provide any other necessary details of the sale, including whether there shall be a minimum bid and whether the sale shall be by sealed or oral bid. At least ten days prior to the date of sale, NMSLO will post the notice in a conspicuous place in the New Mexico state land office building in Santa Fe, New Mexico, publish it in a paper of local circulation where the minerals are located and mail it to all persons who have requested such notice in writing.

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