2006 New Mexico Statutes - 58-13B-8 — Application.

58-13B-8. Application.

A.     An applicant for licensing as a broker-dealer, sales representative, investment adviser or investment adviser representative shall file with the director or the designee of the director an application for licensing together with a consent to service of process pursuant to Section 50 [ 58-13B-50 NMSA 1978] of the New Mexico Securities Act of 1986 and the fee required by Subsection A of Section 9 [ 58-13B-9 NMSA 1978] of that act. The application for licensing shall contain the information the director determines by rule to be necessary and appropriate to facilitate the administration of that act.   

B.     The requirements of Subsection A of this section are satisfied by applicants who have filed and maintain a completed and current registration with the securities and exchange commission or a self-regulatory organization registered with the securities and exchange commission if that registration information is readily available to the director through a central registration depository system approved by the director; provided that such applicants file a notice with the director in the form and content determined by the director by rule together with a consent to service of process pursuant to Section 50 of the New Mexico Securities Act of 1986 and the fee required by Subsection A of Section 9 of that act, no later than thirty days prior to commencing business in this state. The director may require the submission of additional information and documents by an applicant.