New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 16 - BANKING
Part 76 - APPLICABILITY OF HOME LOAN PROTECTION ACT
Section 12.16.76.6 - OBJECTIVE
Universal Citation: 12 NM Admin Code 12.16.76.6
Current through Register Vol. 35, No. 18, September 24, 2024
The objective of this part is to grant state chartered banks the same powers and authority to engage in banking activity that federally chartered and insured depository institutions subject to the jurisdiction of the federal government are authorized, empowered, permitted or otherwise allowed to exercise.
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