Any certificate of public convenience and necessity, or rights obtained under any such certificate held, owned or obtained by any telephone company, may be sold, assigned or leased as other property, only after determination by the commission that the purchaser, assignee or lessee is capable of rendering adequate public utility telephone service.
§ 63-9-8 NMSA 1978
Assignability
Known as the Telephone and Telegraph Company Certification Act
The act spans §§ 63–63 (16 sections).
1953 Comp., § 69-10-8, enacted by Laws 1965, ch. 292, § 8.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.