If an applicant or holder fails to provide a timely statement of compliance, the department shall:
- A. reject the application on the grounds that the applicant is ineligible under Section 40-5A-4 NMSA 1978; or
- B. initiate a proceeding to suspend or revoke the holder's operating authority pursuant to this rule and Section 40-5A-6 NMSA 1978.
[18.3.10.10 NMAC - Rp, 18.3.10.10 NMAC, 7/1/2024]