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§ 61-18A-12 NMSA 1978

Approval of applications

Known as the Collection Agency Regulatory Act

The act spans §§ 61–61 (34 sections).

Laws 1987, ch. 252, § 12.

No application for license shall be approved by the director unless the applicant has met all requirements of the Collection Agency Regulatory Act and any rules and regulations established thereunder. When said requirements have been met, the director shall grant and issue a license in the form provided by the Collection Agency Regulatory Act.

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.