N.M. Admin. Code § 19.2.7.19
Current through Register Vol. 35, No. 23, December 10, 2024
The commissioner may, at the commissioner's discretion, reject any pending application for lease and offer the acreage embraced therein for lease upon competitive bidding by sealed bids or at public auction to the bidder offering the highest bonus in addition to the minimum annual rentals as set by the commissioner.
N.M. Admin. Code § 19.2.7.19