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Current as of January 01, 2024 | Updated by Findlaw Staff
A. The commissioner [director of the financial institutions division of the regulation and licensing department] shall report to the governor annually. His report shall include:
(1) the text of all rules of general application the department has adopted or altered since his last annual report;
(2) a statement of the status and remaining assets and liabilities of any organization which the commissioner [director] is managing or is in the process of liquidating;
(3) a summary of all changes occurring since his last annual report by reason of opening new state banks, mergers and conversions, increases and decreases in capital and the like;
(4) a condensed statement of condition of each state bank; and
(5) such other information concerning the conduct and affairs of his office as he shall see fit to report.
B. The report shall be a public document and shall be printed.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 58. Financial Institutions and Regulations § 58-1-47. Commissioner's [Director's] annual report - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-58-financial-institutions-and-regulations/nm-st-sect-58-1-47/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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