N.M. Admin. Code § 12.15.2.3

Current through Register Vol. 35, No. 23, December 10, 2024

Section 12.15.2.3 - STATUTORY AUTHORITY

A. This approval of forms is issued pursuant to the authority granted to the financial institutions division by New Mexico Laws 1981, Chapter 263.

B. This part is issued pursuant to the authority granted by the banking laws of the state of New Mexico Sections 58-1-1 through 58-9-13 NMSA 1978, the savings and loan laws of the state of New Mexico Sections 58-10-1 through 58-10-111 NMSA 1978, the small loan company (consumer finance company) laws of the state of New Mexico Sections 58-15-1 to 58-15-31 NMSA 1978, the credit union laws of the state of New Mexico Sections 58-11-1 to 58-11-33, and pursuant to the New Mexico Bank Installment Loan Act Section 58-7-9 NMSA 1978, the Residential Home Loan Act, Sections 56-8-27 NMSA 1978, and the specific authority granted by Sections 58-1-5, 58-1-32, 58-1-54, 58-7-9 and 58-11-6 NMSA 1978.

7/1/81; 8/30/ 97; Recompiled 10/15/01