This rule was filed as 12 NMAC 20.4.5.

TITLE 12 TRADE, COMMERCE AND BANKING

CHAPTER 20 SAVINGS AND LOAN ASSOCIATIONS

PART 45 REPORTS

12.20.45.1 Issuing agency: Financial Institutions Division of the Regulation and Licensing Department, 725 St. Michael's Drive, Santa Fe, New Mexico 87504. Telephone No. (505) 827-7100.

[3/31/78; 8/30/97; Recompiled 10/15/01]

12.20.45.2 Scope: All savings and loan associations chartered by the state of New Mexico.

[8/30/97; Recompiled 10/15/01]

12.20.45.3 Statutory authority: Sections 58-10-72 and 58-10-73 NMSA 1978.

[3/31/78; 8/30/97; Recompiled 10/15/01]

12.20.45.4 Duration: Permanent.

[8/30/97; Recompiled 10/15/01]

12.20.45.5 Effective date: March 31, 1978, unless a later date is cited at the end of a section or paragraph. Reformatted in NMAC format effective August 30, 1997.

[3/31/78; 8/30/97; Recompiled 10/15/01]

[Compiler’s note: The words or paragraph, above, are no longer applicable. Later dates are now cited only at the end of sections, in the history notes appearing in brackets.]

12.20.45.6 Objective: The objective of this sub-part [now part] is to bring to state savings and loan associations the reporting requirements that conform to the provisions of this regulation.

[8/30/97; Recompiled 10/15/01]

12.20.45.7 Definitions: [Reserved]

[8/30/97; Recompiled 10/15/01]

12.20.45.8 Reports:

A. The officers of each savings and loan association shall make a monthly report to the association's board of directors on forms prescribed by the savings and loan supervisor, and shall forward one copy of such report to the savings and loan supervisor. (The savings and loan supervisor has approved a form of monthly report, copies of which any association may obtain from the financial institutions division. All insured associations may submit copies of the monthly reports furnished the federal home loan bank board in lieu of the report approved by the supervisor.)

B. Every association shall make such other reports as the savings and loan supervisor may, from time to time, require which will be in such form and filed on such date as may be prescribed by the supervisor.

[3/31/78; 8/30/97; Recompiled 10/15/01]

History OF 12.20.45 NMAC:

Pre-NMAC History: The material in this part was derived from that previously filed with the State Records Center nder:

FID 78-2, Order 78-1, Adopting Regulation 78-1 S&LB thru 78-13 S&LB, filed 5/1/78.

History of Repealed Material: [RESERVED]