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Section 61-18A-11 - Qualification of manager applicants.

NM Stat § 61-18A-11 (2019) (N/A)
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The licensed manager to be actively in charge of a collection agency shall:

A. be a citizen of the United States;

B. have reached the age of majority;

C. not have been convicted of a felony or crime involving moral turpitude;

D. be a graduate of a high school or provide proof to the director that he is possessed of the equivalent of a high school education;

E. pass the examination required;

F. pay the examination fee to the director;

G. have been actively and continuously engaged or employed in the collection of accounts receivable for at least two of the five years next preceding the filing of the application; and

H. have a good credit record.

History: Laws 1987, ch. 252, § 11; 1999, ch. 272, § 30.

The 1999 amendment, effective June 18, 1999, deleted former Subsection D, which read "have been a bona fide resident of this state continuously for at least six months prior to the date of the filing of the application", and redesignated the subsequent subsections accordingly.

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Section 61-18A-10 - Manager's license and examination.
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Section 61-18A-12 - Approval of applications.