Status of preexisting escrows.

  1. Law
  2. New Mexico Statutes
  3. Financial Institutions and Regulations
  4. Escrow Companies
  5. Status of preexisting escrows.

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Nothing contained in the Escrow Company Act shall be so construed as to impair or affect the obligation of any escrow agreement that was lawfully entered into prior to the effective date of that act.

History: Laws 1983, ch. 135, § 32.

ANNOTATIONS

Compiler's notes. — Laws 1983, ch. 135, § 35 makes the Escrow Company Act effective on July 1, 1983.


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