Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 22 - Escrow Companies, 58-22-1 through 58-22-33. > Section 58-22-32 - Status of preexisting escrows.

Section 58-22-32 - Status of preexisting escrows.

58-22-32. Status of preexisting escrows.

Nothing contained in the Escrow Company Act [58-22-1 NMSA 1978] shall be so construed as to impair or affect the obligation of any escrow agreement that was lawfully entered into prior to the effective date of that act.