New Mexico Statutes

§ 58-16-6 — Use of automated teller machines

New Mexico § 58-16-6
JurisdictionNew Mexico
Ch. 58Financial Institutions and Regulations
Art. 16Remote Financial Service Units

This text of New Mexico § 58-16-6 (Use of automated teller machines) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 58-16-6 (2026).

Text

A.An ATM may only be used to initiate and complete one or more ATM transactions.
B.Any lobby or teller-line ATM and any on-premises ATM, including the associated structures, shall be owned or leased by one in-state financial institution.
C.An off-premises ATM, excluding the associated structure, shall be owned or leased and operated by one or more in-state financial institutions. The off-premises ATM shall be unmanned, having no person stationed at the terminal to assist the cardholder in the operation of the ATM except for demonstration or training purposes or to verify its accuracy.

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Legislative History

1953 Comp., § 48-25-6 as enacted by Laws 1977, ch. 359, § 6; 1985, ch. 231,

Nearby Sections

15
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Bluebook (online)
New Mexico § 58-16-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/58/58-16-6.