New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 16 - Remote Financial Service Units

Section 58-16-1 - Short title. - Chapter 58, Article 16 NMSA 1978 may be cited as...

Section 58-16-2 - Purpose of act. - The purposes of the Remote Financial Service Unit Act are:...

Section 58-16-3 - Definitions. - A. As used in the Remote Financial Service Unit Act:...

Section 58-16-4 - Restrictions on provision of financial services. - A. Nothing in the Remote Financial Service Unit Act shall...

Section 58-16-5 - Point-of-sale terminals. - A. Subject to the provisions of Subsection B of this...

Section 58-16-6 - Use of automated teller machines. - A. An ATM may only be used to initiate and...

Section 58-16-7 - POS terminal not considered a financial institution branch office. - A POS terminal installed and operated pursuant to the Remote...

Section 58-16-8 - Lobby or teller-line automated teller machines and on-premises automated teller machines not considered financial institutions. - No lobby or teller-line ATM or on-premises ATM shall be...

Section 58-16-9 - Off-premises ATM considered a financial institution branch office. - A. An off-premises ATM is a branch office of a...

Section 58-16-10 - Notice to director. - Any financial institution desiring to utilize an off-premises ATM shall...

Section 58-16-10.1 - Repealed. - Repeals. — Laws 1990, ch. 123, § 18 repealed 58-16-10.1...

Section 58-16-11 - Restrictions on owning, leasing and operating. - A. Notwithstanding any provision to the contrary in the Remote...

Section 58-16-12 - Networks. - A. Two or more financial institutions, separately or in combination...

Section 58-16-13 - Confidentiality. - A. Every merchant having a POS terminal on its premises...

Section 58-16-14 - Issuance of card; liability of cardholder; limits of liability. - A. No card that will actuate a remote financial service...

Section 58-16-14.1 - Transaction fee. - A. A financial institution may charge a reasonable foreign transaction...

Section 58-16-15 - Civil liability. - A. A cardholder who is authorized to engage in transactions...

Section 58-16-16 - Criminal penalty. - A. Any person who knowingly and willfully violates any of...

Section 58-16-17 - Single subscriber terminals; exemption. - Single subscriber terminals shall be exempted from: A. ownership limitations...

Section 58-16-18 - Repealed. - Repeals. — Laws 1990, ch. 123, § 18 repealed 58-16-18...