Remittance of collections to clients

All collection agencies shall remit to their clients the proceeds of all collections, after deducting their commission, other lawful expenses and any amounts collected pursuant to Section 61-18A-28.1 NMSA 1978, within forty days of such collection unless otherwise provided by regulation. History: Laws 1987, ch. 252, § 28; 1992, ch. 36, § 1.