N.M. Stat. § 17-4-25

Current through 2024, ch. 69
Section 17-4-25 - Diverse proprietorship; joint or separate licenses

In case of diverse proprietorship the license may be joint if the proprietors so elect, otherwise a separate license shall be required for each interest and the rights thereunder shall be coextensive with or in proportion to such interest.

NMS § 17-4-25

Laws 1912, ch. 85, § 76; Code 1915, § 2499; C.S. 1929, § 57-318; 1941 Comp., § 43-424; 1953 Comp., § 53-4-24.