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2017 New Mexico Statutes
Chapter 60 - Business Licenses
Article 13 - Construction Industries Licensing
Section 60-13-51 - Contractor's bond; municipal requirement prohibited.
Universal Citation: NM Stat § 60-13-51 (2017)
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.
History: 1953 Comp., 67-35-58.1, enacted by Laws 1971, ch. 233, 1; 1977, ch. 245, 212; 1989, ch. 6, 43.
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