New Mexico § 61-18A-14 License to foreign corporation or partnership

New Mexico Statutes

§ 61-18A-14 — License to foreign corporation or partnership

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

No collection agency license shall be issued to any foreign corporation or partnership unless it has fully complied with the laws of the state of New Mexico so as to entitle it to do business in the state; provided that the foreign corporation or partnership shall establish and maintain a collection agency in New Mexico at all times during the life of any collection agency license issued to the foreign corporation or partnership. All records of the collection agency located in New Mexico shall be maintained at the collection agency's principal office in New Mexico unless the collection agency records are maintained electronically, in which case, electronic records may be maintained at a location where the collection agency regularly maintains records.

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

No collection agency license shall be issued to any foreign corporation or partnership unless it has fully complied with the laws of the state of New Mexico so as to entitle it to do business in the state; provided that the foreign corporation or partnership shall establish and maintain a collection agency in New Mexico at all times during the life of any collection agency license issued to the foreign corporation or partnership. All records of the collection agency located in New Mexico shall be maintained at the collection agency's principal office in New Mexico unless the collection agency records are maintained electronically, in which case, electronic records may be maintained at a location where the collection agency regularly maintains records.

New Mexico § 61-18A-14 (License to foreign corporation or partnership) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.