N.M. Admin. Code § 19.17.2.15

Current through Register Vol. 35, No. 23, December 10, 2024
Section 19.17.2.15 - FINANCIAL RESPONSIBILITY REQUIREMENT UNDER LICENSE

All applicants shall have on file, prior to license issuance, proof of ability to respond to damages for liability that might reasonably be attached to or result from any operations. This proof shall be in the form of a surety bond in the amount of one million dollars ($1,000,000) minimum for each license to be issued or such other proof of financial responsibility as the commission or the weather control committee may require.

N.M. Admin. Code § 19.17.2.15

19.17.2.15 NMAC - N, 01-15-2005