Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 22 - Escrow Companies, 58-22-1 through 58-22-33. > Section 58-22-30 - Exemption from authority of secretary of commerce and industry [superintendent of regulation and licensing]

Section 58-22-30 - Exemption from authority of secretary of commerce and industry [superintendent of regulation and licensing]

58-22-30. Exemption from authority of secretary of commerce and industry [superintendent of regulation and licensing]

The responsibilities and authority of the director of the financial institutions division under the Escrow Company Act [58-22-1 NMSA 1978] are hereby explicitly exempted from the authority of the secretary of commerce and industry [superintendent of regulation and licensing] as set forth in Subsection B of Section 9-2-5 NMSA 1978.