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Current as of January 01, 2024 | Updated by Findlaw Staff
The director shall charge and collect the following fees:
A. an original license fee for an escrow company of four hundred dollars ($400) for the first office or location;
B. an annual license renewal fee for an escrow company of two hundred dollars ($200) and a delinquency fee of ten dollars ($10.00) per day for each day of delinquency beyond the date required for payment of the licensee's renewal fee;
C. a fee of fifty dollars ($50.00) for each person claiming an exemption from the Escrow Company Act pursuant to Section 58-22-4 NMSA 1978;
D. an original branch license fee for an escrow company branch of two hundred dollars ($200) for each office or location in addition to the first office or location; and
E. an annual license renewal fee for an escrow company branch of two hundred dollars ($200) for each office or location in addition to the first office or location.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 58. Financial Institutions and Regulations § 58-22-24. Fees - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-58-financial-institutions-and-regulations/nm-st-sect-58-22-24/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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