New Mexico Statutes
§ 17-4-25 — [Diverse proprietorship; joint or separate licenses.]
In case of diverse proprietorship the license may be joint if the proprietors so elect, otherwise a separate license shall be required for each interest and the rights thereunder shall be coextensive with or in proportion to such interest.
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New Mexico § 17-4-25 ([Diverse proprietorship; joint or separate licenses.]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1912, ch. 85, § 76; Code 1915, § 2499; C.S. 1929, § 57-318; 1941
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