Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 1 - Banking Generally, 58-1-1 through 58-1-85. > Section 58-1-37 - Office of the commissioner [director]; delegation of powers.

Section 58-1-37 - Office of the commissioner [director]; delegation of powers.

58-1-37. Office of the commissioner [director]; delegation of powers.

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.