There is a newer version of the New Mexico Statutes
2006 New Mexico Statutes - Section 61-18A-17 — Right granted by license.
61-18A-17. Right granted by license.
Upon receipt of the license, the licensee has the right to conduct the business of a collection agency, repossessor, manager or solicitor with all the powers and privileges applicable thereto, contained in but subject always to all the provisions of the Collection Agency Regulatory Act [ 61-18A-1 NMSA 1978] and any rules and regulations established thereunder.
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