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 19.2.2.56 - PAYMENT OF ROYALTY AND ACCOUNTING
Universal Citation: 19 NM Admin Code 19.2.2.56
Current through Register Vol. 35, No. 18, September 24, 2024
The lessee shall pay the correct amount of royalty to NMSLO on the twentieth day of the month following the month of use, sale or other disposal of minerals. On the same day, the lessee shall submit to NMSLO a production and royalty statement, accounting for the production and royalty for the previous calendar month. Such statements shall be prepared upon forms prescribed and furnished by the commissioner and in accordance with instructions accompanying the forms.
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