Section 19-13-21 – Transferability.
Any lease pursuant to the Geothermal Resources Act may be assigned, transferred or sublet with the approval of the commissioner. History: 1953 Comp., § 7-15-21, enacted by Laws 1967, ch. 158, § 21. ANNOTATIONS Cross references. — For assignment or relinquishment of lease of state lands, see 19-7-36 NMSA 1978. For assignment of mineral lease, […]
Section 19-13-22 – Inspection of records; reports.
The commissioner or his representative shall have the right to inspect all records, books or accounts pertaining to geothermal resources taken from leased state lands, and at the request of the commissioner, the holder of the lease shall furnish such reports, samples, logs, assays or cores within reasonable bounds as he may deem to be […]
Section 19-13-23 – Violation of lease; notice; forfeiture.
The commissioner may cancel any lease issued pursuant to the Geothermal Resources Act for nonpayment of rentals, nonpayment of royalties or for violation of any of the terms, covenants or conditions of the lease. Before any cancellation shall be made, the commissioner shall mail to the lessee or assignee, by registered or certified mail, addressed […]
Section 19-13-24 – Removing improvements upon termination of lease.
Upon termination of any lease issued pursuant to the Geothermal Resources Act by reason of forfeiture, surrender, expiration of term or for any other reason, the lessee may remove all improvements and equipment as can be removed without material injury to the premises; provided, however, that all rents and royalties have been paid and that […]
Section 19-13-25 – Regulations.
Pursuant to the Geothermal Resources Act, the commissioner shall adopt such reasonable regulations as he may determine are necessary to carry out the provisions of the Geothermal Resources Act. The regulations shall be posted in a conspicuous place in the state land office for a period of at least ten consecutive days. History: 1953 Comp., […]
Section 19-13-26 – Withholding state lands from lease; lease by competitive bids.
Nothing in the Geothermal Resources Act [19-13-1 to 19-13-28 NMSA 1978] shall be construed to require the commissioner to offer any tract or tracts of state lands for lease. The commissioner may withhold any tract or tracts from leasing for geothermal resources purposes, if, in his opinion, the best interests of the state would be […]
Section 19-13-27 – Public hearings.
A public hearing pursuant to the Geothermal Resources Act [19-13-1 to 19-13-28 NMSA 1978] shall only be held after notice of the public hearing has been posted in a conspicuous place in the state land office for a period of at least fifteen consecutive days and after a copy of the notice of public hearing […]
Section 19-13-28 – Collateral assignment of leases.
Any lease for geothermal resources in good standing, together with improvements placed on the land thereunder, may be assigned as collateral security under the same procedures and in the same manner as provided by law for filing, recording, approval, release and foreclosure of state land purchase contracts issued by the commissioner. When any assignment pursuant […]
Section 19-14-1 – Commissioner of public lands to reserve certain rights to the state in leases or other conveyances of any mineral interests or rights to minerals in state lands.
In any lease or other conveyance of state lands granting any interest in or rights to minerals of whatsoever kind, including oil and gas, in those lands executed by the commissioner of public lands after the effective date of this section, the following reservation of rights to the state shall be made: “The state has […]
Section 19-14-2 – Waiver of requirements for reservation of rights in leases or conveyance for specific minerals; procedures for waiver.
A. The commissioner of public lands may waive by written order the reservation of rights required under Section 1 [19-14-1 NMSA 1978] of this act in respect to any specific mineral, other than fossil fuels, for which there is no significant consumptive use within the state, but such order may be made only: (1) after […]