Collection Agencies | Midpage

Collections
New Mexico Statutes Annotated 1978

18A

Collection Agencies

State of New Mexico

61-18A-1Short title 61-18A-2Definitions 61-18A-3Administration and enforcement 61-18A-4Rules; violations 61-18A-5Unlawful to conduct collection agency or engage in the business of a repossessor without license 61-18A-6Penalty for violations 61-18A-7Application for license 61-18A-8Applications; required information 61-18A-9Financial statement 61-18A-10Manager's license and examination 61-18A-11Qualification of manager applicants 61-18A-12Approval of applications 61-18A-13Denial of applications 61-18A-14License to foreign corporation or partnership 61-18A-15Surety bond 61-18A-16Information to be included in collection agency license 61-18A-17Right granted by license 61-18A-19Change of location; ownership or name; duplicate license 61-18A-20Temporary license 61-18A-21Branch office 61-18A-22Office management; license 61-18A-23Loss of qualified person 61-18A-25Unauthorized practice as collection agency 61-18A-26Assignments; right to sue 61-18A-27Renewal of license; fee 61-18A-28Remittance of collections to clients 61-18A-28.1Additional collection from debtors 61-18A-30Fees 61-18A-31Deposit of money 61-18A-32Judicial review 61-18A-33Grandfather clause