2011 New Mexico Statutes
Chapter 58: Financial Institutions and Regulations
Article 1B: Interstate Bank Acquisitions, 58-1B-1 through 58-1B-11
Section 58-1B-11: Enforcement.
58-1B-11. Enforcement.
The director may enforce the provisions of the Interstate Bank Acquisition Act [58-1B-1 NMSA 1978] by an action for injunctive relief in the district court of Santa Fe county. The director shall give notice promptly to the home state regulator of any action commenced by the director against an out-of-state bank holding company and, to the extent practicable, shall consult and cooperate with that regulator in pursuing and resolving the enforcement action.
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