N.M. Admin. Code § 21.16.5.11 - BOND REQUIRED
With the application for full service registration, each service establishment shall furnish a one thousand dollar ($1,000) surety bond payable to the state of New Mexico, or other proof of financial responsibility as may be prescribed by the director, for faithful performance of duty. A bond or other proof of financial responsibility shall apply to each registered service technician employed by the registered service establishment. The bond or other proof of financial responsibility shall be in a form prescribed by the director.
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