If at any time the money deposited in the real estate recovery fund is insufficient to satisfy any authorized claim for payment from the fund, the real estate commission shall, when sufficient money has been deposited in the fund, satisfy such unpaid claims in the order that they were originally filed, together with accumulated interest at the rate of eight percent per year.
§ 61-29-26 NMSA 1978
Insufficient funds
Known as the Real Estate Recovery Fund Act
The act spans §§ 61–61 (43 sections).
Laws 1980, ch. 82, § 7.
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.