New Mexico § 61-18A-11 Qualification of manager applicants

New Mexico Statutes

§ 61-18A-11 — Qualification of manager applicants

New Mexico·Ch. 61 Professional and Occupational Licenses·Art. 18A Collection Agencies

The licensed manager to be actively in charge of a collection agency shall: A. have reached the age of majority; B. not have been convicted of a felony or crime involving moral turpitude; C. be a graduate of a high school or provide proof to the director that the licensed manager is possessed of the equivalent of a high school education; D. pass the examination required; E. pay the examination fee to the director; F. have been actively and continuously engaged or employed in the collection of accounts receivable for at least two of the five years next preceding the filing of the application; and G. have a good credit record.

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The licensed manager to be actively in charge of a collection agency shall: A. have reached the age of majority; B. not have been convicted of a felony or crime involving moral turpitude; C. be a graduate of a high school or provide proof to the director that the licensed manager is possessed of the equivalent of a high school education; D. pass the examination required; E. pay the examination fee to the director; F. have been actively and continuously engaged or employed in the collection of accounts receivable for at least two of the five years next preceding the filing of the application; and G. have a good credit record.

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