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 19.2.2.18 - TIE BIDS
Universal Citation: 19 NM Admin Code 19.2.2.18
Current through Register Vol. 35, No. 24, December 23, 2024
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.
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