N.M. Code R. § 12.16.61.7

Current through Register Vol. 35, No. 11, June 11, 2024
Section 12.16.61.7 - DEFINITIONS

"Activities that are incidental to the business of banking" means activities permissible under paragraphs 1863 and 1864(f) of the Bank Service Corporation Act ( 12 U.S.C. Sections 1861 - 1867 ), except as otherwise restricted by applicable state law; and other activities approved by the director of the financial institutions division.

N.M. Code R. § 12.16.61.7

11/15/96; Recompiled 10/15/01