N.M. Admin. Code § 19.2.7.10

Current through Register Vol. 35, No. 23, December 10, 2024

Section 19.2.7.10 - FORMAL REQUIREMENTS FOR APPLICATIONS

A. Each application for lease shall be made with ink, or with typewriter using a record ribbon, in duplicate, upon forms to be prescribed by the commissioner, which application shall be acknowledged before an officer authorized to administer oaths, shall be accompanied by the application fee as set forth in the schedule of fees, which fee shall not be refunded, and shall be accompanied by the amount of the first (1st) year's rental and bonus offered, if any such bonus is offered, together with an appraisal of the value of the land for geothermal lease purposes made under oath by some disinterested party who is familiar therewith.

B. A separate check or other remittance covering the fee, rentals and bonus, if any, shall be submitted with each separate application to which applicable; however, the commissioner may waive this requirement when extreme hardship to the applicant would otherwise result.

12/31/99; 19.2.7.10 NMAC - Rn, 19 NMAC 3. SLO 7.10, 09/30/02, Amended by New Mexico Register, Volume XXVII, Issue 12, June 30, 2016, eff. 6/30/2016