This surety bond is required by the State of New Mexico Regulation and Licensing Department. The bond states that the bondholder must strictly comply with the provisions of the Collection Agency Regulatory Act NMSA 1978, Chapter 61, Article 18A and all orders, rules, and regulations issued pursuant to the Act. The required bond amount is $5,000. The premium on this bond is typically as little as $100.
To Secure a New Mexico Collection Agency Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.