N.M. Admin. Code § 19.2.7.29
Current through Register Vol. 35, No. 23, December 10, 2024
Subject to such conditions as the commissioner may require, leases may be assigned in whole or in part; however, no assignment of an undivided interest in a lease or any part thereof, or any assignment of less than a legal subdivision or tract shall be recognized or approved by the commissioner. Such assignments shall be executed and acknowledged in the same manner prescribed for conveyance of real estate and shall be filed in triplicate with the commissioner. One (1) copy shall be recorded permanently, another filed, and the third (3rd) copy returned to the assignee. The approval of the commissioner shall be noted upon all copies.
N.M. Admin. Code § 19.2.7.29