N.M. Admin. Code § 19.2.2.42 - STATUTORY COVENANTS

All mineral leases made under 19.2.2 NMAC shall include and be subject to the statutory covenants to operate and develop the premises and minerals under lease in a workmanlike manner, as set forth at Section 19-8-13 NMSA 1978 and to market and develop, as set forth at Section 19-8-23 NMSA 1978. These covenants are in addition to those that may be implied under the common law.

Notes

N.M. Admin. Code § 19.2.2.42
19.2.2.42 NMAC - N, 3/14/2001

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