Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 16 - Remote Financial Service Units, 58-16-1 through 58-16-18. > Section 58-16-17 - Single subscriber terminals; exemption.

Section 58-16-17 - Single subscriber terminals; exemption.

58-16-17. Single subscriber terminals; exemption.

Single subscriber terminals shall be exempted from:   

A.     ownership limitations otherwise imposed on off-premises ATMs;   

B.     restricted geographic location;   

C.     consideration as a financial institution branch office; and   

D.     requirements for notice to the director.