The purpose of the Voluntary Remediation Act is to provide incentives for the voluntary assessment and remediation of contaminated property, with state oversight, and to remove future liability of lenders and landowners.
History: Laws 1997, ch. 38, ยง 2.
Structure New Mexico Statutes
Chapter 74 - Environmental Improvement
Article 4G - Voluntary Remediation
Section 74-4G-1 - Short title.
Section 74-4G-3 - Definitions.
Section 74-4G-4 - Regulations.
Section 74-4G-5 - Application and fee.
Section 74-4G-7 - Certificate of completion.
Section 74-4G-8 - Covenant not to sue.
Section 74-4G-10 - Lender liability.
Section 74-4G-11 - Voluntary remediation fund.
Section 74-4G-11.1 - Brownfields cleanup revolving loan fund.