8.371.2.15 NMAC
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 ICF/MR facility under circumstances found in Subsections A through D above must submit an application for initial licensure in accordance with Section 11 of these regulations at least 30 days prior to the anticipated change. [8.371.2.15 NMAC - N, 7/1/2024}