N.M. Code R. § 12.16.75.6
Current through Register Vol. 35, No. 11, June 11, 2024
It is the purpose of this regulation to allow a bank which receives prior approval by the financial institutions division to operate loan production offices (LPO) in New Mexico. The establishment and operation of an LPO by a bank shall not violate state branch banking restrictions provided that the LPO is operated in accordance with the provisions of this regulation.
N.M. Code R. § 12.16.75.6