There is a newer version of the New Mexico Statutes
2013 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 1A - Consumer Credit Banks
Section 58-1A-6 - Regulation of consumer credit banks. (1995)
NM Stat § 58-1A-6 (2013) What's This?
58-1A-6. Regulation of consumer credit banks. (1995)
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 [58-1A-1 NMSA 1978], including provisions for the formation and organization of a consumer credit bank.
History: Laws 1993, ch. 11, § 6; 1995, ch. 33, § 4.
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