The commissioner [director of the financial institutions division of the regulation and licensing department] shall maintain an office at the state capitol in Santa Fe. He may delegate to his deputies such of his powers and authorities as he may see fit, and such deputy or deputies shall have and exercise only the powers and authorities so delegated.
§ 58-1-37 NMSA 1978
Office of the commissioner [director]; delegation of powers
Known as the Banking Act
The act spans §§ 58–58 (88 sections).
1953 Comp., § 48-22-33.3, enacted by Laws 1975, ch. 330, § 21.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.