New Mexico Administrative Code
Title 19 - NATURAL RESOURCES AND WILDLIFE
Chapter 2 - STATE TRUST LANDS PART 24 CULTURAL PROPERTIES PROTECTION
Part 6 - RELATING TO COAL LEASES ON STATE LAND
Section 19.2.6.8 - LANDS SUBJECT TO LEASE-COMPETITIVE BID
Universal Citation: 19 NM Admin Code 19.2.6.8
Current through Register Vol. 35, No. 18, September 24, 2024
Coal mining leases may be issued upon acreage shown to be open upon the New Mexico state land office tract books. Leases shall be issued only to the highest bidder either by sealed bid or at public auction; provided, however, the commissioner may in the commissioner's discretion withhold any tract from leasing and may reject all bids offered for any tract, if the commissioner determines that withholding or rejection is in the best interests of the trust.
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