A. A person shall not operate a transportation network company in New Mexico without first having obtained a permit from the department of transportation.
B. A permit issued to a transportation network company by the department of transportation shall be effective for one year.
C. The department of transportation shall issue a permit to a transportation network company that meets the requirements set forth in the Transportation Network Company Services Act and any rules adopted by the department pursuant to that act. The transportation network company shall pay an annual permit fee of ten thousand dollars ($10,000) to the department.