There is a newer version of the New Mexico Statutes
2021
2020
2019
2018
2017
Other previous versions
View our newest version here

2013 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 22 - Escrow Companies
Section 58-22-14 - New bond required; effect of failure to file new bond. (1983)


NM Stat § 58-22-14 (2013) What's This?

58-22-14. New bond required; effect of failure to file new bond. (1983) 
Upon any recovery in an action on a bond required pursuant to Section 10 [58-22-10 NMSA 1978] of the Escrow Company Act, the licensee shall file a new bond. Failure to file a new bond within ten days of the recovery on a bond or within ten days after notification by the director that a new bond is required constitutes sufficient ground for action by the director under Subsection B of Section 27 [58-22-27 NMSA 1978] of the Escrow Company Act.   
  History: Laws 1983, ch. 135, § 14. 

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.