2018 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 21 - Mortgage Loan Companies
Section 58-21-23 - Filing and destruction of documents.
A document is filed when it is received by the director. The director may permit the destruction of any document filed under the Mortgage Loan Company Act with the division or the director after six years from the date of filing documents.
History: Laws 1983, ch. 86, § 23; 2001, ch. 251, § 14; 2001, ch. 264, § 14; 2009, ch. 122, § 45.
The 2009 amendment, effective July 31, 2009, changed the name of the act from the "Mortgage Loan Company and Loan Broker Act" to the "Mortgage Loan Company Act".
Severability. — Laws 2009, ch. 122, § 60 provided that if any part or application of this act is held invalid, the remainder or its application to other situations or persons shall not be affected.
The 2001 amendment, effective July 1, 2001, deleted Subsection B, which formerly read "the production of documents by photograph or microphotograph of a permanent nature"; and deleted the Subsection A designation, which preceded "six years".
