New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 20 - SAVINGS AND LOAN ASSOCIATIONS
Part 47 - LOCATION OF BRANCH OFFICES
Section 12.20.47.8 - LOCATION OF BRANCH OFFICES
Universal Citation: 12 NM Admin Code 12.20.47.8
Current through Register Vol. 35, No. 6, March 26, 2024
The provision contained in Section 58-10-17 C NMSA 1978 (1979 Supp.), requiring that branch offices be located within a radius of one hundred statute air miles from the principal office of the parent association, shall not apply in the case of applications filed with the supervisor subsequent to July 1, 1980.
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