New Mexico Surface Damage Payments

State:
Multi-State
Control #:
US-OG-826
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

Does an employer have to give lunch breaks, coffee breaks, or rest periods? No. There is no statute that requires an employer to provide such breaks; however, deductions cannot be made from wages if less than 30 minutes is allowed for the breaks.

When does an employer have to pay final wages to a terminated employee? If the wages owed are a fixed and definite amount, the employer shall pay such wages to the employee within five days of such discharge. Task, piece, and commission wages must be paid within ten days of such discharge.

Whoever commits criminal damage to property is guilty of a petty misdemeanor, except that when the damage to the property amounts to more than one thousand dollars ($1,000) he is guilty of a fourth degree felony.

SOPA creates an obligation to pay damages where oil and gas operations result in any loss of: land value; agricultural production or income; use; access; or improvements.

New Mexico Wage Payment Timing Law Typically, New Mexico employers are required to pay employees their wages on regular paydays. These paydays can not be more than 16 days apart. More specifically, wages earned between the 1st and 15th day of a calendar month must be paid by the 25th of that month.

The oil and gas proceeds derived from the sale of production from any well producing oil, gas or related hydrocarbons in New Mexico shall be paid to all persons legally entitled to such payments, commencing not later than six months after the first day of the month following the date of first sale and thereafter not ...

An employer shall provide an employee with a written receipt that identifies the employer and sets forth the employee's gross pay, the number of hours worked by the employee, the total wages and benefits earned by the employee and an itemized listing of all deductions withheld from the employee's gross pay.

Not required by state law. Employers are not required by law to pay unused employee benefits. Nevertheless, if an employer has a PTO policy that allows for accruing vacation or other PTO, any unused amount is considered earned wages and must be paid in the final paycheck.

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New Mexico Surface Damage Payments