No action shall be brought upon any bond required pursuant to Section 10 [ 58-22-10 NMSA 1978] of the Escrow Company Act or insurance coverage required pursuant to Section 11 [ 58-22-11 NMSA 1978] of that act after the expiration of three years from the accrual of the cause of action.
§ 58-22-13 NMSA 1978
Action on bond; limitation
Known as the Escrow Company Act
The act spans §§ 58–58 (36 sections).
Laws 1983, ch. 135, § 13.
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.