New Mexico Statutes
§ 58-1A-6 — Regulation of consumer credit banks
A.A consumer credit bank organized under the laws of New Mexico shall be subject to the supervision, regulation and examination of the director.
B.The director shall adopt and promulgate rules and regulations implementing the provisions of the Consumer Credit Bank Act, including provisions for the formation and organization of a consumer credit bank.
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New Mexico § 58-1A-6 (Regulation of consumer credit banks) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1993, ch. 11, § 6; 1995, ch. 33, § 4.
Nearby Sections
15
§ 58-1-1
Short title§ 58-1-11
Access by fiduciaries§ 58-1-13
Lease to minor§ 58-1-14
Search procedure on death§ 58-1-17
Qualification and fiduciary powers§ 58-1-18
Fiduciary bond or oath excused§ 58-1-2
Definitions of banks§ 58-1-2.1
Prohibition§ 58-1-20
Reserves against deposits§ 58-1-21
Loans