A. A person shall not operate a transportation network company in New Mexico without first having obtained a permit from the department of transportation. B. A permit issued to a transportation network company by the department of transportation shall be effective for one year. C. The department of transportation shall issue a permit to a transportation network company that meets the requirements set forth in the Transportation Network Company Services Act and any rules adopted by the department pursuant to that act. The transportation network company shall pay an annual permit fee of ten thousand dollars ($10,000) to the department. History: Laws 2016, ch. 80, § 4; 2023, ch. 100, § 69. The 2023 amendment, effective July 1, 2024, removed references to the public regulation commission due to the transfer of certain powers and duties to the department of transportation; and changed each occurrence of "public regelation commission" or "commission" to "department of transportation" or "department" throughout the section.
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