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Current as of May 06, 2021 | Updated by FindLaw Staff
A. A person shall not distribute tobacco products from any location in the state without first obtaining a distributor license issued by the division to that person for that location.
B. An application for a distributor license or distributor license renewal shall be submitted on a form prescribed by the division and shall include:
(1) the name, telephone number, mailing address and email address of the applicant and:
(a) if the applicant is a firm, partnership or association, the name and address of each of its members contributing ten percent or more of the total value of contributions made to the firm, partnership or association and each member entitled to ten percent or more of the profits earned by the firm, partnership or association; or
(b) if the applicant is a corporation, the name and address of its registered agent, the names and addresses of all officers and directors and those stockholders owning ten percent or more of the voting stock of the corporation;
(2) the address of the applicant's principal place of business and every location from which the applicant distributes tobacco products; and
(3) a nonrefundable application fee not to exceed seven hundred fifty dollars ($750) per location or a renewal fee not to exceed four hundred dollars ($400) per location.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 61. Professional and Occupational Licenses § 61-37-6. Distributor license requirements; application and renewal requirements; fees - last updated May 06, 2021 | https://codes.findlaw.com/nm/chapter-61-professional-and-occupational-licenses/nm-st-sect-61-37-6/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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