{"data":{"id":"us-nm/58-22-14","jurisdiction":"us-nm","citation":"58-22-14","heading":"New bond required; effect of failure to file new bond.","body":"Upon any recovery in an action on a bond required pursuant to Section 10 [58-22-10 NMSA 1978] of the Escrow Company Act, the licensee shall file a new bond. Failure to file a new bond within ten days of the recovery on a bond or within ten days after notification by the director that a new bond is required constitutes sufficient ground for action by the director under Subsection B of Section 27 [58-22-27 NMSA 1978] of the Escrow Company Act.","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":"14b25f8cd0184bd8691c32687f93844145c72d803cb189e376d3dcd1e9a4326f","source_id":"us-nm","stale":false,"prev":"us-nm/58-22-13","next":"us-nm/58-22-15"},"notice":"GroundRules: Original legal text. Not legal advice."}