Section 53-8-80 - Issuance of certificate of revocation.

53-8-80. Issuance of certificate of revocation.

A.     Upon revoking a certificate of authority, the commission shall:   

(1)     issue a certificate of revocation in duplicate;   

(2)     file one of the certificates in its office; and   

(3)     mail to the corporation at the corporation's mailing address as shown in the most recent annual report filed with the commission, a notice of the revocation accompanied by one of the certificates.   

B.     Upon the issuance of a certificate of revocation, the authority of the corporation to conduct affairs in New Mexico ceases.