New Mexico § 60-13A-3 - Registration as an employee leasing contractor required as condition to do business in the state

§ 60-13A-3. Registration as an employee leasing contractor required as condition to do business in the state

A. No person shall do business in the state as an employee leasing contractor unless

the person is registered with the department. B. Registration shall be renewed annually. The renewal date shall be the first day of the month one year after the month in

which the initial registration occurred. C. Applications for initial registration and renewals of registration shall be made

on forms supplied by the department and shall contain the information required by

Section 6 of the Employee Leasing Act. The department may by regulation require additional information for initial registration

and renewal of registration. D. Upon initial registration an employee leasing contractor shall pay a fee to the

department of one thousand dollars ($1,000). On the annual renewal date the employee leasing contractor shall pay an annual renewal

fee of one thousand dollars ($1,000). E. Neither the initial registration fee nor the renewal fee is refundable. F. If a registered employee leasing contractor does not submit a completed renewal

application within thirty days after the annual renewal date, the department shall

mail a notice to the contractor by certified mail, return receipt requested, which

notice shall inform the contractor that unless the renewal fee is paid within thirty

days of the receipt of the notice by the contractor, together with a delinquency charge

of five hundred dollars ($500), the contractor's registration shall be canceled. The department shall cancel the registration of any contractor who does not comply

with the requirements for payment of a renewal fee and a delinquency charge.