Section 58-22-23 - Additional business office locations.

58-22-23. Additional business office locations.

Licensees under the Escrow Company Act [58-22-1 NMSA 1978] shall be entitled to establish additional business office locations by compliance with all of the following:   

A.     filing with the director notice of the intended address; and   

B.     a showing that there will be an officer or manager possessing necessary escrow experience stationed in the proposed additional business location; and   

C.     payment of a branch fee to the director.