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 19.2.2.39 - FINANCIAL ASSURANCE FOR RECLAMATION
Universal Citation: 19 NM Admin Code 19.2.2.39
Current through Register Vol. 35, No. 18, September 24, 2024
The financial assurance required under 19.2.2.36 NMAC, 19.2.2.37 NMAC and 19.2.2.38 NMAC is in addition to that which the permitting agency may require pursuant the New Mexico Mining Act or comparable law, whichever applies. If the commissioner determines that the amount or coverage of financial assurance required by the permitting agency is insufficient to adequately protect and reclaim trust surface estate, the commissioner may require the lessee to provide additional financial assurance as a supplemental requirement under 19.2.2.26 NMAC.
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