{"data":{"id":"us-nm/58-22-10","jurisdiction":"us-nm","citation":"58-22-10","heading":"Surety bond required.","body":"An escrow company shall obtain a surety bond in the minimum amount of one hundred thousand dollars ($100,000) running to the people of the state of New Mexico, which bond shall be executed and acknowledged by a corporation that is licensed by the superintendent of insurance to transact the business of fidelity and surety insurance. The bonds shall be in a form acceptable to the director and shall be filed in the director's office.","path":["Chapter 58 - Financial Institutions and Regulations","ARTICLE 22 Escrow Companies"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18561/index.do","current_through":"2025-01-07","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"c14fb0a0a60a4686aed53ebf8584b33c8de6a1bb307a64a4d10337fd96894c8a","source_id":"us-nm","stale":false,"prev":"us-nm/58-22-9","next":"us-nm/58-22-11"},"notice":"GroundRules: Original legal text. Not legal advice."}