{"data":{"id":"us-nm/61-18a-9","jurisdiction":"us-nm","citation":"61-18A-9","heading":"Financial statement.","body":"The application for a collection agency license shall be accompanied by a financial statement of the applicant up to not more than sixty days prior to date of application for a new license or renewal, showing the assets and liabilities of the applicant and truly reflecting that that applicant's net worth is not less than the sum of ten thousand dollars ($10,000), and that its liquid assets are not less than one thousand dollars ($1,000) available for use in licensee's business. The financial statement shall be sworn to by the applicant, if the applicant is an individual or by a partner, director, manager or trustee in its behalf, if the applicant is a partnership, corporation or unincorporated association. The information contained in the financial statement shall be confidential and not a public record.","path":["Chapter 61 - Professional and Occupational Licenses","ARTICLE 18A Collection Agencies"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18564/index.do","current_through":"2026-05-20","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"3c482b27848ee9b68e20c497094adf7b06ac2895c621e66c0e27914205dae5ca","source_id":"us-nm","stale":false,"prev":"us-nm/61-18a-8","next":"us-nm/61-18a-10"},"notice":"GroundRules: Original legal text. Not legal advice."}