2006 New Mexico Statutes - Section 66-2-15 — Agents or department employees to remit money received; bonds for agents or department employees.

66-2-15. Agents or department employees to remit money received; bonds for agents or department employees.

Agents or department employees shall remit all money received by them in the carrying out of the duty imposed upon them by the Motor Vehicle Code [ 66-1-1 NMSA 1978], including the agents' administrative service fees.  The agents' reports are subject to audit and acceptance by the department. Before undertaking any duty in behalf of the director, the agents shall execute a surety bond in such amount as the director requires in the form required by law of public officials.  The department shall have such employees covered by such bond as the department may designate.   

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