New Mexico Administrative Code
Title 19 - NATURAL RESOURCES AND WILDLIFE
Chapter 2 - STATE TRUST LANDS PART 24 CULTURAL PROPERTIES PROTECTION
Part 8 - RELATING TO AGRICULTURAL LEASES
Section 19.2.8.13 - RELINQUISHMENT
Universal Citation: 19 NM Admin Code 19.2.8.13
Current through Register Vol. 35, No. 24, December 23, 2024
A. With the prior written consent of the commissioner, the release of all outstanding collateral assignments, and the payment to the commissioner of the relinquishment filing fee as set forth in the schedule of fees, any lessee may relinquish to the state a lease that is not in default and the lease shall be cancelled.
(1) The relinquishment filing fee shall be
waived if the relinquishment is at the request of the commissioner.
(2) Relinquishments shall be made on forms
and in the manner prescribed by the commissioner.
B. A relinquishment without the written consent of the commissioner shall be null and void.
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