Section 58-22-12 - Issuance of license.

58-22-12. Issuance of license.

Upon receiving and filing the application and bond coverage specified in the Escrow Company Act [58-22-1 NMSA 1978] and upon a showing by the applicant of compliance with all requirements of the Escrow Company Act and any rules and regulations promulgated under that act, the director shall grant and issue a license.