8.370.18.14 NMAC

Section 14. Nontransferable Restriction On License

Last amended: 2024Year: 2024Length: 107 wordsOfficial source
A. 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 occurs: (1) ownership of the facility changes; (2) the facility changes location; (3) licensee of the facility changes; (4) the facility discontinues operation. B. A facility wishing to continue operation as a licensed facility under circumstances Paragraphs (1) - (4) of Subsection A of 8.370.18.14 NMAC above must submit an application for initial licensure in accordance with 8.370.18.10 NMAC of these regulations at least 30 days prior to the anticipated change.
8.370.18.14 NMAC: Section 14. Nontransferable Restriction On License | Justis AI