2018 New Mexico Statutes
Chapter 59A - Insurance Code
Article 30 - Title Insurance
Section 59A-30-13 - Title insurance maintenance assessment fund created; appropriation.

Universal Citation: NM Stat § 59A-30-13 (2018)
59A-30-13. Title insurance maintenance assessment fund created; appropriation.

There is created a "title insurance maintenance assessment fund" in the state treasury. All receipts of the department of insurance collected under Section 59A-30-12 NMSA 1978 shall be deposited in the title insurance maintenance assessment fund and are appropriated to the superintendent for use in paying the expenses of the insurance department incurred in administering the New Mexico Title Insurance Law, including compensation and expenses of salaried personnel and consultants employed by the superintendent in administering the New Mexico Title Insurance Law.

History: 1978 Comp., § 59A-30-13, enacted by Laws 1985, ch. 28, § 13.

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