No lobby or teller-line ATM or on-premises ATM shall be construed for any purpose to be a branch office of a financial institution under New Mexico law.
§ 58-16-8 NMSA 1978
Lobby or teller-line automated teller machines and on-premises automated teller machines not considered financial institutions
Known as the Remote Financial Service Unit Act
The act spans §§ 58–58 (20 sections).
1953 Comp., § 48-25-8, enacted by Laws 1977, ch. 359, § 8; 1989, ch. 218, §3; repealed and reenacted by Laws 1990, ch. 123, § 8.
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.