7.8.3.15 NMAC
Section 15. Non-Transferable Restrictions On A License
A. A license is nontransferable to other persons or locations. B. The license is null and void and is returned to the Licensing Authority when any one of the following situations occur: (1) Ownership of the facility changes. (2) The facility changes location. (3) The licensee of the facility changes. (4) The facility discontinues or suspends operations. C. A facility wishing to continue operation as a licensed facility under the above-mentioned circumstances submits an application for an amended license in accordance with these regulations at least 30 calendar days prior to the anticipated change.