Section 57-10-6 - Issuance of license; conditions. - New Mexico Statutes

57-10-6. Issuance of license; conditions.

If the application which has been submitted complies with the provisions of the Distress Sales Act [57-10-1 to 57-10-12 NMSA 1978] and if the required license fee has been paid, the municipal or county governing body shall issue the applicant a license to advertise and conduct the sale described in the application subject to the following conditions:   

A.     the sale shall be held at the place named in the application;   

B.     the sale shall be held by the licensee for a period of not more than ninety days following the date set forth in the license;   

C.     only goods, wares and merchandise included in the inventory attached to the application shall be displayed on the premises and sold at the sale;   

D.     the license shall be prominently displayed at the location of the sale at all times;   

E.     the licensee shall keep suitable books at the sale location which shall be open for inspection by the municipal or county governing body during normal business hours.