There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 19: Public Lands
Article 7: Sale and Lease of Lands, 19-7-1 through 19-7-69
Section 19-7-18: Bond required.
Universal Citation:
NM Stat § 19-7-18 (1996 through 1st Sess 50th Legis)
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on the American Association of Law Libraries Universal Citation Guide and is not
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19-7-18. Bond required.
No contract, patent or lease shall be issued until the value of improvements shall be paid unless a good and sufficient corporate or cash bond is filed with the commissioner to ensure payment upon final determination of value.
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