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NEW MEXICO STATUTES AND CODES

Section 58-22-24 - Fees.

58-22-24. Fees.

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 [58-22-1 NMSA 1978] 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.   

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