State Codes and Statutes

Statutes > New-mexico > Chapter-17 > Article-4 > Section-17-4-25

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.   

State Codes and Statutes

Statutes > New-mexico > Chapter-17 > Article-4 > Section-17-4-25

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.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-17 > Article-4 > Section-17-4-25

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.