New Mexico Statutes

§ 61-18A-26 — Assignments; right to sue

New Mexico·Ch. 61 Professional and Occupational Licenses·Art. 18A Collection Agencies
Nothing in the Collection Agency Regulatory Act shall be construed to prevent collection agencies from taking assignments of claims in their own name as real parties in interest for the purpose of billing and collection and bringing suit in their own names; provided that no suit allowed by this section may be instituted on behalf of a collection agency in a court unless the collection agency appears by a duly authorized and licensed attorney-at-law.

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Legislative History

Laws 1987, ch. 252, § 26; 2021, ch. 31, § 13.

Nearby Sections

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