54,212 sections across 3,422 New Mexico regulatory chapters.
R.12.25.2-12.25.2.8 ESCROW COMPANY ACT REGULATIONS
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A. Surety bond: (1) the surety bond shall run concurrent with the licensing period and shall be in the minimum amount of $100,000.00 for the benefit of the people of the state of New Mexico; (2) it shall be in a form devised by the director; and (3) the escrow company shall provi…
R.12.26.8-12.26.8.1 ISSUING AGENCY
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Financial Institutions Division of the Regulation and Licensing Department, 725 St. Michael's Drive, Santa Fe, New Mexico 87504. Telephone No. (505) 827-7100.
R.12.26.8-12.26.8.2 SCOPE
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All cemeteries licensed by the state of New Mexico.
R.12.26.8-12.26.8.3 STATUTORY AUTHORITY
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Endowed Care Cemetery Act of 1961 ("Act"), Sections 58-17-1 to 58-17-17 NMSA 1978.
R.12.26.8-12.26.8.4 DURATION
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Permanent.
R.12.26.8-12.26.8.5 EFFECTIVE DATE
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November 8, 1993 unless a later date is cited at the end of a section or paragraph. Reformatted in NMAC format effective September 30, 1997.
R.12.26.8-12.26.8.6 OBJECTIVE
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The objective of this subpart [now part] is to clarify the term "certified audit".
R.12.26.8-12.26.8.7 DEFINITIONS
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[Reserved]
R.12.26.8-12.26.8.8 CERTIFIED AUDIT
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For the purposes of Section 58-17-13(A) of the Act, a "certified audit" shall consist of the following procedures. A. Obtain the entire population of contracts used in the cemetery operation representing all sales occurring in a specific year. B. Determine that there are no missi…
R.12.26.9-12.26.9.1 ISSUING AGENCY
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Financial Institutions Division of the Regulation and Licensing Department, 725 St. Michael's Drive, Santa Fe, New Mexico 87504. Telephone No. (505) 827-7100.
R.12.26.9-12.26.9.2 SCOPE
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All cemeteries licensed by the state of New Mexico.
R.12.26.9-12.26.9.3 STATUTORY AUTHORITY
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Endowed Care Cemetery Act of 1961 ("Act"), Sections 58-17-1 to 58-17-17 NMSA 1978.
R.12.26.9-12.26.9.4 DURATION
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Permanent.
R.12.26.9-12.26.9.5 EFFECTIVE DATE
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November 8, 1993 unless a later date is cited at the end of a section or paragraph. Reformatted in NMAC format effective 9-30-1997.
R.12.26.9-12.26.9.6 OBJECTIVE
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The objective of this part is to clarify Section 58-17-13(B) of the Act.
R.12.26.9-12.26.9.7 DEFINITIONS
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For the purposes of Section 58-17-13(B) of the Act, the term "actual cost" is defined as the examiner's salary computed on a pro rata basis, mileage, airfare, automobile rental, per diem and copying costs. Travel days or any portion thereof shall be included in determining actual…
R.12.3.1-12.3.1.1 ISSUING AGENCY
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New Mexico Public Regulation Commission.
R.12.3.1-12.3.1.10 COMMISSION-PRESCRIBED FORMS
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A. Use required. The commission has prescribed forms required by law to carry out certain requirements of these rules. The most current version of a commission-prescribed form must be used when a form exists for that purpose, unless these rules state otherwise or the commission w…
R.12.3.1-12.3.1.11 INCOMPLETE FILINGS
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A. Criteria. A filing will be considered incomplete if: (1) it is unsigned; (2) it omits any information required by law or commission rule or order; (3) it is not submitted on a commission-prescribed form and a form is required for that purpose; (4) it is not accompanied by the …
R.12.3.1-12.3.1.12 REVIEW OF DOCUMENTS
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Any person who wishes to inspect public records or other documents relating to corporations or other regulated legal entities shall file a written request to the bureau as provided in 12.3.1.9 NMAC. The request shall meet the requirements of the Inspection of Public Records Act, …
R.12.3.1-12.3.1.13 REQUESTS FOR COPIES AND RECORD SEARCHES
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A. Types of documents available. The bureau may provide the following: (1) a certificate of good standing and compliance; (2) a miscellaneous certificate as requested by a corporation or other regulated legal entity; (3) certified copies of reports, instruments or other documents…
R.12.3.1-12.3.1.15 PROCEDURES FOR CHOOSING A NAME
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Corporations and other regulated legal entities shall comply with statutory name requirements, and may use the procedures in this section for checking the availability of a name, reserving a name, or applying for a corporate or company name. A. Informal inquiry about name availab…
R.12.3.1-12.3.1.16 RULES OF PROCEDURE
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In all matters before the commission involving corporations or other legislatively mandated entities, the commission shall follow the commission rules of procedure. A specific provision in these rules shall control over a conflicting general provision in the commission rules of p…
R.12.3.1-12.3.1.17 APPEALS
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A person, corporation or other legal entity aggrieved by any decision of the bureau, director, or commission made pursuant to these rules may appeal the decision to district court in accordance with NMSA 1978 Section 39-3-1.1 except that appeals concerning the Corporate Reports A…
R.12.3.1-12.3.1.2 SCOPE
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This rule applies to all domestic and foreign corporations, limited liability companies, cooperative associations, sanitary projects act associations, water users associations, waterworks corporations and foreign business trusts, unless exempted by law.
R.12.3.1-12.3.1.3 STATUTORY AUTHORITY
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NMSA 1978 Sections 8-8-4, 14-15-1 to 14-15-6, 14-16-1 to 14-16-19, 39-3-1.1, 53-2-11, 53-18-1, and 53-19-66.
R.12.3.1-12.3.1.4 DURATION
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Permanent.
R.12.3.1-12.3.1.5 EFFECTIVE DATE
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July 15, 2005, unless a later date is cited at the end of a section.
R.12.3.1-12.3.1.6 OBJECTIVE
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The purpose of this rule is to set forth general provisions governing corporate and certain legislatively mandated entities in New Mexico.
R.12.3.1-12.3.1.7 DEFINITIONS
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In addition to the definitions in NMSA 1978 Sections 3-29-2, 53-4-1, 53-7-19, 53-8-2, 53-11-2, 53-19-2, 53-20-2, as used in these rules: A. biennial means every other year; B. bureau means the corporations bureau of the public regulation commission; C. commission means the public…
R.12.3.1-12.3.1.8 COMPLIANCE WITH LAW
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All corporations and other regulated entities shall comply with these rules and all applicable state laws and rules.
R.12.3.1-12.3.1.9 REQUIREMENTS FOR FILED DOCUMENTS
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In addition to the requirements stated here, particular rules may include other filing requirements. All documents required by these rules to be filed with the commission shall be filed with the bureau as follows. A. Address for filing documents. (1) Documents filed by mail shall…
R.12.3.2-12.3.2.1 ISSUING AGENCY
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New Mexico Public Regulation Commission.
R.12.3.2-12.3.2.10 FIRST REPORT
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A domestic or foreign profit corporation shall file an initial report on the schedule prescribed by and as required by NMSA 1978 Section 53-5-2 through 53-5-9 on the commission-prescribed form described in this rule and available as provided in 12.3.1 NMAC.
R.12.3.2-12.3.2.11 BIENNIAL REPORT AND SUPPLEMENTAL REPORT
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A domestic or foreign profit corporation shall file biennial and supplemental reports as required by NMSA 1978 Section 53-5-2 through 53-5-9 on the commission-prescribed form described in this rule and available as provided in 12.3.1 NMAC.
R.12.3.2-12.3.2.12 REQUIRED FORMS
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A domestic or foreign profit corporation shall file initial, biennial and supplemental reports as required by NMSA 1978 Section 53-5-2 through 53-5-9 on the commission-prescribed form available as provided in 12.3.1 NMAC. A. First reports, biennial reports and supplemental report…
R.12.3.2-12.3.2.2 SCOPE
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This rule applies to all domestic and foreign profit corporations, unless exempted by law.
R.12.3.2-12.3.2.3 STATUTORY AUTHORITY
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NMSA 1978 Sections 8-8-4 and 53-18-1.
R.12.3.2-12.3.2.4 DURATION
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Permanent.
R.12.3.2-12.3.2.5 EFFECTIVE DATE
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December 15, 2009, unless a later date is cited at the end of a section.
R.12.3.2-12.3.2.6 OBJECTIVE
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The purpose of this rule is to facilitate the formation and continuation of profit corporations as provided by law.
R.12.3.2-12.3.2.7 DEFINITIONS
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See 12.3.1.7 NMAC.
R.12.3.2-12.3.2.8 DOMESTIC PROFIT CORPORATIONS
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A domestic profit corporation shall comply with the requirements of the Business Corporations Act, NMSA 1978, Chapter 53, Articles 11 through 18. A. Filing requirements. A domestic profit corporation shall file all documents required by this section in compliance with 12.3.1 NMAC…
R.12.3.2-12.3.2.9 FOREIGN PROFIT CORPORATIONS
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A foreign profit corporation shall comply with the applicable requirements of the Business Corporations Act, NMSA 1978, Chapter 53, Articles 11 through 18. A. Filing requirements. A foreign profit corporation shall file all documents required by this section in compliance with 12…
R.12.3.3-12.3.3.1 ISSUING AGENCY
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New Mexico Public Regulation Commission.
R.12.3.3-12.3.3.10 FIRST REPORT
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A domestic or foreign nonprofit corporation shall file an initial report complying with the schedule and requirements of NMSA 1978 Sections 53-8-82 and 53-8-83 on the commission-prescribed form described in this rule and available as provided in 12.3.1 NMAC.
R.12.3.3-12.3.3.11 ANNUAL REPORT AND SUPPLEMENTAL REPORT
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A domestic or foreign nonprofit corporation shall file annual and supplemental reports as required by NMSA 1978 Sections 53-8-82 and 53-8-83 on the commission-prescribed form described in this rule and available as provided in 12.3.1 NMAC.
R.12.3.3-12.3.3.12 REQUIRED FORMS
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A domestic or foreign nonprofit corporation shall file initial, annual and supplemental reports as required by NMSA 1978 Sections 53-8-82 and 53-8-83 on the commission-prescribed form available as provided in 12.3.1 NMAC. A. First reports, annual reports and supplemental reports …
R.12.3.3-12.3.3.2 SCOPE
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This rule applies to all domestic and foreign nonprofit corporations, unless exempted by law.
R.12.3.3-12.3.3.3 STATUTORY AUTHORITY
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NMSA 1978 Sections 8-8-4, 3-29-20, 53-8-7, 53-8-7.1, 53-8-8, 53-8-9, 53-8-31, 53-8-32, 53-8-35 through 53-8-45, 53-8-47 through 53-8-49, 53-8-50 through 53-8-54, 53-8-60, 53-8-64, 53-8-66 through 53-8-69, 53-8-71, 53-8-72, 53-8-75 through 53-8-80, 53-8-82, 53-8-83, 53-8-85, 53-8-…