Section 47-4-7 - Territorial limit on abstracters [abstracter's] business.

NM Stat § 47-4-7 (2019) (N/A)
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An abstracter who has filed the necessary bond and affidavit shall receive a certificate from the county clerk to the effect that the bond and affidavit have been recorded, and this certificate shall be evidence of the right and authority of the abstracter to conduct business in the county so long as he maintains, unimpaired, the surety on the bond and the necessary abstract plant. The certificate shall permit the abstracter to compile and furnish abstracts of title on property located in the county or counties for which the abstracter has the necessary abstract plant, provided that a bonded abstracter may compile and furnish abstracts for any county where there is no bonded abstracter.

History: 1953 Comp., § 70-2-11, enacted by Laws 1963, ch. 307, § 7.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.