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Form a Business

Bond required

NMSA 1978, § 19-7-18
in effect
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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 insure [ensure] payment upon final determination of value. 1953 Comp., § 7-8-19.5, enacted by Laws 1963, ch. 237, § 5.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18519/index.do#!b/19-7-18Fetched: 10/20/2026

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