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 19.2.2.21 - PRE-QUALIFICATION

Universal Citation: 19 NM Admin Code 19.2.2.21
Current through Register Vol. 35, No. 18, September 24, 2024

Any person may apply to become pre-qualified to be eligible to obtain a mineral lease by submitting a disclosure statement to the commissioner. Unless submitted for the purpose of obtaining the commissioner's approval for assignment of a particular lease, the disclosure statement need not reference any particular sale, tract or proposed mining project. The commissioner shall evaluate the disclosure statement as soon as practicable and notify the person, in writing, whether or not the person would be considered a qualified potential lessee. Pre-qualification under this section shall lapse automatically two years after it is submitted, at which time another disclosure statement may be submitted. Notwithstanding a person's pre-qualification under this section, the commissioner reserves the right to require submission of additional information.

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