Any licensee under the Mortgage Loan Company Act who also performs any acts that are within the scope of activities regulated by any statutes of the state relating to escrow agents shall also comply with all provisions of those statutes, and the issuance of a license under the Mortgage Loan Company Act shall not serve to relieve the licensee from compliance with the provisions of such other statutes.
§ 58-21-17 NMSA 1978
Escrow services
Known as the Mortgage Loan Company Act
The act spans §§ 58–58 (34 sections).
Laws 1983, ch. 86, § 17; 2009, ch. 122, § 39.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.