Nothing contained in the Real Estate Recovery Fund Act [61-29-20 to 61-29-29 NMSA 1978] shall limit the authority of the real estate commission to take disciplinary action against a licensee for a violation of any of the provisions of Section 61-29-12 NMSA 1978 or of the rules and regulations of the real estate commission, nor shall the repayment in full of all obligations to the real estate recovery fund by any licensee nullify or modify the effect of any other disciplinary proceeding brought pursuant to the provisions of Section 61-29-12 NMSA 1978 or the rules and regulations promulgated by the commission.
History: Laws 1980, ch. 82, § 10.
ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — Grounds for revocation or suspension of license of real estate broker or salesperson, 7 A.L.R.5th 474.