N.M. Stat. Ann. § 58-16-17 – Single subscriber terminals; exemption

Single subscriber terminals shall be exempted from:

A. ownership limitations otherwise imposed on off-premises ATMs;
B. restricted geographic location;
C. consideration as a financial institution branch office; and
D. requirements for notice to the director.

History: 1978 Comp., § 58-16-17, enacted by Laws 1990, ch. 123, § 17.

ANNOTATIONS

Repeals and reenactments. — Laws 1990, ch. 123, § 18 repeals the Remote Financial Service Unit Act, as enacted by Laws 1977, ch. 359, §§ 1 to 17 and enacted a new Remote Financial Service Unit Act, effective May 16, 1990.