The purpose of the Regulation and Licensing Department Act is to create a single, unified department to administer all laws and exercise all functions formerly administered and exercised by the financial institutions division, the construction industries division and the mobile housing division of the commerce and industry department [repealed].
History: Laws 1983, ch. 297, § 18.
ANNOTATIONSEffective dates. — Laws 1983, ch. 297, § 34 made Laws 1983, ch. 297, § 18 effective July 1, 1983.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of law.
Laws 1983, ch. 297, § 33 repealed the provisions relating to the commerce and industry department. For present provisions, see 9-15-1 NMSA 1978 et seq. and 9-16-1 NMSA 1978 et seq., relating to new departments which assumed many of the functions of the commerce and industry department.