Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 56-12-7 - Application for permit; requirements — New Mexico Law | CourtGPT
  1. Home/
  2. Laws/
  3. New Mexico/
  4. Chapter 56 - Commercial Instruments and Transactions/
  5. Article 12 - Pawnbrokers/
  6. Section 56-12-7 - Application for permit; requirements
New Mexico Legal Code

Section 56-12-7 - Application for permit; requirements

Ask AI about this
A. Each application for an original or a renewal permit shall be submitted in writing to the local government and contain such information as is required by the local government and be accompanied by the applicable permit fee amount.B. Each application shall be accompanied by the name, social security number or individual taxpayer identification number, address and date of birth of each agent, servant and employee of the applicant engaged in the business of pawn transactions. Changes in such list shall be indicated on each renewal application.C. Every pawnbroker shall furnish with each application for an original or renewal permit proof of execution and delivery of the bond to the local government. History: Laws 1985, ch. 228, § 7; 2021, ch. 70, § 1. ANNOTATIONSThe 2021 amendment, effective June 18, 2021, allowed submission of an individual taxpayer identification number as an alternative to a social security number in an application for an original or a renewal pawnbroker permit; and in Subsection B, after 'social security number', added 'or individual taxpayer identification number'.