New Mexico Code § 60-13-51

Contractor's bond; municipal requirement prohibited
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No municipality shall require any person or corporation licensed under the provisions of the Construction Industries Licensing Act to file or obtain as a condition of doing business as a licensed contractor within the municipality any additional license bond as proof of responsibility if the person or corporation has met the responsibility requirements of the commission.
History: 1953 Comp., § 67-35-58.1, enacted by Laws 1971, ch. 233, § 1; 1977, ch. 245, § 212; 1989, ch. 6, § 43.

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