N.M. Admin. Code § 20.3.16.15

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

Section 20.3.16.15 - LICENSE TERMINATIONS

A. For each license termination, the licensee shall inform the department of the intention to terminate the license and shall follow the termination procedures in Chapter 3, Title 20 NMAC and any other requirements set by the department.

B. Upon the department's determination that all conditions for termination have been met, the department shall issue an invoice for a termination fee in an amount equal to the application fee that would be charged for the license in the fiscal year of the termination request. The department shall issue a license termination within 30 days of receipt of total payment of owed fees and costs.

C. Until the department issues the license termination, annual fees and all other outstanding fees and costs under this Part are the continued obligation of the licensee, regardless of whether the license has expired or the licensed activities have ceased.

N.M. Admin. Code § 20.3.16.15

20.3.16.15 NMAC - N, 5/19/2002, Adopted by New Mexico Register, Volume XXXV, Issue 07, April 9, 2024, eff. 5/1/2024