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

New Mexico Statutes

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

New Mexico § 61-18A-11

Ch. 61Professional and Occupational Licenses

Art. 18ACollection Agencies

This text of New Mexico § 61-18A-11 (Qualification of manager applicants) 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. § 61-18A-11 (2026).

Text

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.