Section 18. Non-Transferable Restriction On License

A. A license granted under these regulations is not transferable to any other owner, whether an individual or legal entity, or to another location. The authority shall not guarantee or be liable for or responsible for guaranteeing the transfer of the license to any other owner or other location. The existing license shall be void and must be returned to the licensing authority when any one of the following situations occurs: (1) any ownership interest of the boarding home changes; (2) the boarding home changes location; (3) the licensee of the boarding home changes; (4) the boarding home discontinues operation; or. 8.370.15 NMAC 9 B. A boarding home wishing to continue operation as a boarding home under the conditions described in Paragraphs (1) through (4) above must submit an application for initial licensure in accordance with Paragraph (2) of Subsection B of 8.370.15.9 NMAC of these regulations, at least 30 days prior to the anticipated change.