New Mexico Statutes

§ 61-29-26 — Insufficient funds

New Mexico § 61-29-26
JurisdictionNew Mexico
Ch. 61Professional and Occupational Licenses
Art. 29Real Estate Brokers and Salesmen

This text of New Mexico § 61-29-26 (Insufficient funds) 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. § 61-29-26 (2026).

Text

If at any time the money deposited in the real estate recovery fund is insufficient to satisfy any authorized claim for payment from the fund, the real estate commission shall, when sufficient money has been deposited in the fund, satisfy such unpaid claims in the order that they were originally filed, together with accumulated interest at the rate of eight percent per year.

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Legislative History

Laws 1980, ch. 82, § 7.

Nearby Sections

15
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Bluebook (online)
New Mexico § 61-29-26, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/61/61-29-26.