Nothing contained in Chapter 61, Article 29 NMSA 1978 shall affect the power of cities and villages to tax, license and regulate qualifying brokers or associate brokers. The requirements hereof shall be in addition to the requirements of an existing or future ordinance of any city or village so taxing, licensing or regulating qualifying brokers or associate brokers.
History: 1953 Comp., § 67-24-35, enacted by Laws 1959, ch. 226, § 18; 2005, ch. 35, § 17.
ANNOTATIONSThe 2005 amendment, effective January 1, 2006, provides that nothing in Chapter 61, Article 29 NMSA 1978 shall affect the power of municipalities to license and regulate qualifying brokers and associate brokers.
Severability. — Laws 1959, ch. 226, § 19, provides for the severability of the act if any part or application thereof is held invalid.
Meaning of "this act". — See same catchline in notes to 61-29-7 NMSA 1978.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 12 Am. Jur. 2d Brokers §§ 6 to 8.
53 C.J.S. Licenses §§ 10, 11.