
Orders for declaratory judgment and permanent injunctive relief were filed Friday against Mimbres Valley Escrow Services and owners Anna and Jesus Delgado.
The orders, filed in the First Judicial District Court in Santa Fe, state that Mimbres Valley Escrow has been conducting its business in an unsafe and injurious manner… has been conducting its business in violation of the Escrow Company Act and accompanying regulations… that the assets or capital of the business are impaired… and that irreparable harm has occurred within the business.
The permanent injunction means the Delgados and their family members or agents are prohibited from entering Mimbres Valley
Escrow at 507 South Gold, removing documents from the business, or conducting business transactions as Mimbres Valley Escrow.
The order also states that the New Mexico Financial Institutions Division will oversee business management, auditing and
day-to-day business transactions for Mimbres Valley Escrow. The state was granted immediate access.
Mimbres Valley Escrow Services customers with questions about their accounts should call the state Financial Institutions
Division at 505-476-4692 or visit the website rld.state.nm.us/financialinstitutions.