New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 16 - BANKING
Part 42 - ACQUISITION OF PROPERTY TO SATISFY OR PROTECT PREVIOUS LOAN
Section 12.16.42.6 - OBJECTIVE
Universal Citation: 12 NM Admin Code 12.16.42.6
Current through Register Vol. 35, No. 6, March 26, 2024
This objective of this sub-part [now part] is to bring to state banks equivalent powers provided to national banks. This regulation parallels portions of the United States Code, Title 12, Section 29 and the Code of Federal Regulations, Title 12, Section 7.3025 (j).
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