2006 New Mexico Statutes - Section 61-18A-30 — Fees.

61-18A-30. Fees.

The director shall charge and collect the following fees:   

A.     an original license fee for a collection agency or branch thereof, of five hundred dollars ($500);   

B.     a renewal fee for a collection agency or branch thereof, of three hundred dollars ($300);   

C.     a duplicate license fee of fifteen dollars ($15.00);   

D.     a temporary license fee of thirty-five dollars ($35.00);   

E.     a delinquency fee of ten dollars ($10.00) per day for each day of delinquency in filing applications for renewals;   

F.     a manager's license examination fee of one hundred dollars ($100);   

G.     a manager's license renewal fee of fifty dollars ($50.00);   

H.     a fee of five dollars ($5.00) for each copy of any issue or edition of the Collection Agency Regulatory Act [ 61-18A-1 NMSA 1978] and rules and regulations;   

I.     a fee of five dollars ($5.00) for each list of licensees in good standing;   

J.     a fee of two hundred dollars ($200) per day or fraction thereof for each examiner of the financial institutions division of the regulation and licensing department engaged in an examination or investigation of a licensee, not to exceed five examiner-days per calendar year. If the examination or investigation is an out-of-state examination or investigation, the licensee shall reimburse the financial institutions division the actual travel costs incurred to perform the examination or investigation; and   

K.     an original license fee or renewal license fee for a repossessor of two hundred fifty dollars ($250).   

Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.