2011 New Mexico Statutes
Chapter 61: Professional and Occupational Licenses
Article 18A: Collection Agencies, 61-18A-1 through 61-18A-33
Section 61-18A-14: License to foreign corporation or partnership.


NM Stat § 61-18A-14 (1996 through 1st Sess 50th Legis) What's This?

61-18A-14. License to foreign corporation or partnership.

No collection agency license shall be issued to any foreign corporation or partnership unless it has fully complied with the laws of the state of New Mexico so as to entitle it to do business within this state, and provided further that such foreign corporation or partnership shall establish and maintain a full time bona fide collection agency in this state at all times during the life of any license issued to it. All records of such local collection agency must be maintained at the principal office in New Mexico of such agency.

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