N.M. Admin. Code § 2.60.27.9
Current through Register Vol. 36, No. 1, January 14, 2025
The selling institution shall provide copies of the necessary documentation, so that the state investment officer can perform an independent analysis of the credit quality of the obligation to be purchased, document the obligation, thoroughly analyze collateral, and maintain complete and current credit information on the borrower throughout the term of the loan. The decision of the state investment officer as to whether or not a loan participation should be purchased shall be final.
N.M. Admin. Code § 2.60.27.9