N.M. Code R. § 18.19.4.30 – Timely Renewal of Annual License

A. The failure by a licensee to timely renew the license issued by this department may be considered reasonable cause for this department to refuse to renew the license.
B. For the purposes of 18.19.4.30 NMAC, an application for renewal, accompanied by the proper fee and the required original corporate surety bond, must be received by the department on or before the expiration of the current license to be considered timely.
[7/19/1994, 9/14/1996; 18.19.4.30 NMAC - Rn & A, 18 NMAC 19.4.10.2, 9/14/2000]