State Codes and Statutes

Statutes > New-mexico > Chapter-19 > Article-7 > Section-19-7-18

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.   

State Codes and Statutes

Statutes > New-mexico > Chapter-19 > Article-7 > Section-19-7-18

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.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-19 > Article-7 > Section-19-7-18

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.