BANK OF COMMERCE v. DEPT. OF TAX. AND REV.

No. 18165.

958 P.2d 753 (1998)

125 N.M. 183

1998-NMCA-063

BANK OF COMMERCE, Plaintiff-Appellant, v. STATE of New Mexico, DEPARTMENT OF TAXATION AND REVENUE, Defendant-Appellee.

Court of Appeals of New Mexico.

Certiorari Denied May 5, 1998.


Attorney(s) appearing for the Case

Robert O. Beck, Beck & Cooper, Clayton, for Appellant.

Tom Udall, Attorney General, Bridget Jacobar, Special Assistant Attorney General, Santa Fe, for Appellee.


OPINION

HARTZ, Chief Judge.

{1} After purchasing a liquor license at a foreclosure sale, Bank of Commerce (the Bank) applied for approval from the director of the Alcohol and Gaming Division of the Regulation and Licensing Department for transfer of the license. Such approval requires clearance from the Taxation and Revenue Department (the Department). See NMSA 1978, § 7-1-82 (1995). The Department refused to grant clearance until the...

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