{"data":{"id":"us-nm/58-32-206","jurisdiction":"us-nm","citation":"58-32-206","heading":"Net worth.","body":"A licensee pursuant to Article 2 [58-32-201 to 58-32-206 NMSA 1978] of the Uniform Money Services Act shall maintain a net worth of at least the following amounts determined in accordance with generally accepted accounting principles:\nA. for one to four locations of the licensee and authorized delegates in New Mexico, one hundred thousand dollars ($100,000); and\nB. for five or more locations of the licensee and authorized delegates in New Mexico or for an internet-based money services business, five hundred thousand dollars ($500,000).","path":["Chapter 58 - Financial Institutions and Regulations","ARTICLE 32 Uniform Money Services"],"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":"e6430591aa3247cccb1f0b4d2782c60e86c00d1268f5e430b4f107c4f249cee4","source_id":"us-nm","stale":false,"prev":"us-nm/58-32-205","next":"us-nm/58-32-301"},"notice":"GroundRules: Original legal text. Not legal advice."}