New Mexico Statutes 58-22-12. Issuance of license
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Upon receiving and filing the application and bond coverage specified in the Escrow Company Act and upon a showing by the applicant of compliance with all requirements of the Escrow Company Act and any rules and regulations promulgated under that act, the director shall grant and issue a license.
Terms Used In New Mexico Statutes 58-22-12
- Escrow: Money given to a third party to be held for payment until certain conditions are met.