New Mexico § 58-22-2 Purpose

New Mexico Statutes

§ 58-22-2 — Purpose

New Mexico·Ch. 58 Financial Institutions and Regulations·Art. 22 Escrow Companies

It is the intent of the legislature that the large and growing escrow industry be supervised and regulated by the financial institutions division of the commerce and industry department [regulation and licensing department] in order to protect the citizens of the state and to provide that the business practices of the escrow industry are fair and orderly among the members of the escrow industry, with due regard to the ultimate consumers in this important area of property protection.

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It is the intent of the legislature that the large and growing escrow industry be supervised and regulated by the financial institutions division of the commerce and industry department [regulation and licensing department] in order to protect the citizens of the state and to provide that the business practices of the escrow industry are fair and orderly among the members of the escrow industry, with due regard to the ultimate consumers in this important area of property protection.

New Mexico § 58-22-2 (Purpose) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.