Every permit shall be renewed annually and accompanied by a renewal fee in the amount of twenty-five dollars ($25.00) for the calendar year. Effective January 1, 2015, the annual renewal fee for every permit shall be forty dollars ($40.00). The department shall issue renewal invoices, which shall be paid within thirty (30) days of receipt. The failure to timely renew a permit shall render the permit invalid and subject to revocation. In that event, the sign shall be deemed illegal and non-compensable and subject to removal by the department at the expense of the sign owner pursuant to the provisions of 18.21.5.33 NMAC.
N.M. Admin. Code § 18.21.5.24