New Mexico § 60-6A-16 - Proration of fees
Full text of New Mexico New Mexico Statutes Annotated § 60-6A-16 — Proration of fees, with citation guidance and answers to common questions.
§ 60-6A-16. Proration of fees
A. License fees for new licenses issued after the beginning of the license year shall
be prorated. B. Dispenser, retailer, restaurant, club and public service license fees shall be
prorated as follows: (1) licenses issued in the first quarter of the license year for each license type
shall be subject to the full amount of the annual license fee; (2) licenses issued in the second quarter of the license year for each license type
shall be subject to three-fourths of the annual license fee; (3) licenses issued in the third quarter of the license year for each license type
shall be subject to one-half of the annual license fee; and (4) licenses issued in the fourth quarter of the license year for each license type
shall be subject to one-fourth of the annual license fee. C. License fees for all new licenses not provided for in Subsection B of this section,
except nonresident licenses and common carrier registrations, shall not be prorated
but shall be subject to payment of the full amount of the annual license fee. D. Nonresident licenses and common carrier registrations shall be issued for a three-year
period. The three-year license for nonresident licenses and for common carrier registrations
begins July 1, 2013 and every third year subsequently. Nonresident licenses and common carrier registrations issued at any time during
the: (1) first license year shall be subject to payment of the full amount of the three-year
license fee; (2) second license year shall be subject to payment of two-thirds of the three-year
license fee; and (3) third license year shall be subject to payment of one-third of the three-year
license fee.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 60-6A-16
What does New Mexico Statutes Annotated § 60-6A-16 cover?
Section 60-6A-16 ("Proration of fees") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 60-6A-16?
A common citation format is "New Mexico Statutes Annotated § 60-6A-16" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 60-6A-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.