N.M. Admin. Code § 16.48.1.13

Current through Register Vol. 35, No. 21, November 5, 2024

Section 16.48.1.13 - LICENSE NOT TRANSFERABLE; CHANGE IN OWNERSHIP OR MANAGEMENT; NAME CHOICE AND NAME CHANGE

A. A license or registration issued by the department pursuant to the Private Investigations Act shall not be transferred or assigned.

B. A change of ownership or management of a private investigation company or private patrol company shall be filed with the department on an application form prescribed by the department, accompanied by the required fees, within thirty (30) days following any such change. Failure to file for a change of a private investigation company or private patrol company within the thirty (30) day period shall be grounds for termination of the license of a private investigation company or private patrol company.

C. A change in the name of a private investigation company or private patrol company shall require a name change application on a form provided by the department. A private investigation company or a private patrol company shall not conduct business under a fictitious name until the company has obtained the authorization for use of the name from the department. The department shall not authorize the use of a fictitious name that may generate public confusion with the name of a public officer or agency or the name of an existing private investigation company or private patrol company.

N.M. Admin. Code § 16.48.1.13

16.48.1.13 NMAC - Re-pr, 16.48.1.13 NMAC, 09/24/08