Section 15. Non-Transferable Restriction On License

A license shall not be transferred by assignment or otherwise to other persons or locations. The license shall be void and must be returned to the licensing authority when any one of the following situations occur: A. Ownership of the facility changes. B. The facility changes location. C. Licensee of the facility changes. D. The facility discontinues operation. E. A facility wishing to continue operation as a licensed long term care facility under circumstances listed in 8.370.16.15 NMAC must submit an application for initial licensure in accordance with 8.370.16.8 NMAC of these regulations, at least 30 days prior to the anticipated change.