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 19.2.2.42 - STATUTORY COVENANTS
Universal Citation: 19 NM Admin Code 19.2.2.42
Current through Register Vol. 35, No. 18, September 24, 2024
All mineral leases made under 19.2.2 NMAC shall include and be subject to the statutory covenants to operate and develop the premises and minerals under lease in a workmanlike manner, as set forth at Section 19-8-13 NMSA 1978 and to market and develop, as set forth at Section 19-8-23 NMSA 1978. These covenants are in addition to those that may be implied under the common law.
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