N.M. Admin. Code § 19.2.8.8 - AGRICULTURAL LEASES
A. The
commissioner may lease state trust land for agricultural purposes in such
manner and upon such terms as the commissioner determines to be in the best
interests of the trust for which the lands are held by the state.
B. Each agricultural lessee shall protect the
leased state trust lands from waste and trespass.
C. One who leases state trust lands shall
fence the lands leased, unless such lands shall be used and managed in
conjunction with adjacent land, or are subject to an exchange of use
agreement.
D. Agricultural leases
shall be issued for animal husbandry, cultivated land or both, or for other
related uses.
E. The commissioner
may, at any time, withhold state trust land from agricultural leasing or reject
applications to lease, whether such applications are to lease open acreage, to
renew an existing lease, or to lease land already under lease to another, if
the commissioner determines such action is in the best interests of the trust
for which the land is held.
F. All
agricultural leases shall be upon forms prescribed by the commissioner and
shall contain such terms and conditions as are required by law or as are deemed
appropriate by the commissioner. Each lease shall have only one (1) mailing
address of record at the state land office regardless of the number of lessees
under the lease, and the commissioner shall mail all lease notices to such
address of record and no other.
G.
Agricultural leases with terms of five (5) years or less may be issued by the
commissioner without advertisement or public auction. All such leases shall
commence on October 1st and expire on September 30th; provided, however, leases
on open acreage issued after October 1st shall bear the actual date of
execution and shall be issued for the balance of that lease year plus no more
than four (4) additional years.
H.
Outstanding agricultural leases and permits on lands acquired by the state of
New Mexico from the United States shall be honored until their expiration. The
lessees under such leases shall have the right as provided by law to match
competitive lease bids and obtain new leases.
Notes
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