Grandfather clause.

Checkout our iOS App for a better way to browser and research.

Any person properly licensed pursuant to the Collection Agency Act [61-18A-1 NMSA 1978] on the effective date of the enactment of the Collection Agency Regulatory Act is eligible to be granted a license under the provisions of the Collection Agency Regulatory Act.

History: Laws 1987, ch. 252, § 33.

ANNOTATIONS

Compiler's notes. — The phrase "effective date of the enactment of the Collection Agency Regulatory Act" means July 1, 1987, the effective date of Laws 1987, ch. 252.


Download our app to see the most-to-date content.