There is a newer version
of
this Section
2020 New Mexico Statutes
Chapter 60 - Business Licenses
Article 13 - Construction Industries Licensing
Section 60-13-25 - Qualifying party; termination of relationship.
Universal Citation: NM Stat § 60-13-25 (2020)
In the event the employment or business relationship between the qualifying party and the licensee is terminated, the licensee and the qualifying party shall notify the division within thirty days of that termination in relationship, and the license shall be suspended for one hundred twenty days from the date of the termination of employment or business relationship and then canceled unless another individual who is a properly certified qualifying party is approved as the qualifying party for the licensee.
History: 1953 Comp., § 67-35-28, enacted by Laws 1967, ch. 199, § 28; 1977, ch. 245, § 187; 1983, ch. 105, § 13; 1989, ch. 6, § 24.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
