N.M. Admin. Code § 19.2.7.26

Current through Register Vol. 35, No. 24, December 23, 2024
Section 19.2.7.26 - TIE BIDS

In the event the sale is by sealed bid and in the event two (2) or more highest bids are received for the same tract, offering the same bonus, the lease shall be disposed of by submission of amended applications by the applicants, in which case preference will be given to the applicant offering the higher bonus.

N.M. Admin. Code § 19.2.7.26

12/31/99; 19.2.7.26 NMAC - Rn, 19 NMAC 3. SLO 7.26, 09/30/02