2011 New Mexico Statutes
Chapter 60: Business Licenses
Article 13: Construction Industries Licensing, 60-13-1 through 60-13-59
Section 60-13-51: Contractor's bond; municipal requirement prohibited.


NM Stat § 60-13-51 (1996 through 1st Sess 50th Legis) What's This?

60-13-51. Contractor's bond; municipal requirement prohibited.

No municipality shall require any person or corporation licensed under the provisions of the Construction Industries Licensing Act [60-13-1 NMSA 1978] to file or obtain as a condition of doing business as a licensed contractor within the municipality any additional license bond as proof of responsibility if the person or corporation has met the responsibility requirements of the commission.

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