New Mexico Statutes Chapter 60. Business Licenses § 60-8A-16. Failure to file; schedule deemed invalid

If an affirmation with respect to any item of spirituous liquors is not filed within the prescribed time, any schedule for which the affirmation is required shall be deemed invalid with respect to that item of spirituous liquors, and the item shall not be sold to or purchased by any wholesaler during the period covered by the schedule.