New Mexico § 58-22-6 Director; duties and powers

New Mexico Statutes

§ 58-22-6 — Director; duties and powers

New Mexico § 58-22-6

Ch. 58Financial Institutions and Regulations

Art. 22Escrow Companies

This text of New Mexico § 58-22-6 (Director; duties and powers) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 58-22-6 (2026).

Text

The director shall exercise general supervision and control over escrow companies doing business in New Mexico. In addition to the other duties imposed upon him by law, the powers and duties of the director are to: A. make reasonable rules and regulations as may be necessary to effectuate the purposes of the Escrow Company Act; B. conduct investigations as may be necessary to determine whether any person has engaged or is about to engage in any act or practice constituting a violation of any provision of the Escrow Company Act; and C. conduct examinations, investigations and hearings in addition to those specifically provided for by law as may be necessary and proper to the efficient administration of the Escrow Company Act.

Free access — add to your briefcase to read the full text and ask questions with AI

The director shall exercise general supervision and control over escrow companies doing business in New Mexico. In addition to the other duties imposed upon him by law, the powers and duties of the director are to: A. make reasonable rules and regulations as may be necessary to effectuate the purposes of the Escrow Company Act; B. conduct investigations as may be necessary to determine whether any person has engaged or is about to engage in any act or practice constituting a violation of any provision of the Escrow Company Act; and C. conduct examinations, investigations and hearings in addition to those specifically provided for by law as may be necessary and proper to the efficient administration of the Escrow Company Act.