N.M. Code R. § 12.11.2.14

Current through Register Vol. 35, No. 11, June 11, 2024

Section 12.11.2.14 - AUTOMATIC EFFECTIVENESS

Pursuant to Section 58-13C-406 C, a registration becomes automatically effective 45 days after all requirements have been met and all requested information has been filed, provided that no proceeding under Section 58-13C-412 has been instituted. A registration may become effective sooner than 45 days after the filing of an application if:

A. the director issues a registration before the expiration of 45 days; or

B. the director transmits approval of the registration status of an agent or broker-dealer through the CRD of the FINRA.

N.M. Code R. § 12.11.2.14

12.11.2.14 NMAC - Rp, 12.11.2.14 NMAC, 1-1-2010