New Mexico Statutes 58-1B-5. Required application; forms
Current as of: 2023 | Check for updates
|
Other versions
A. A company that proposes to make an acquisition pursuant to the Interstate Bank Acquisition Act shall:
Terms Used In New Mexico Statutes 58-1B-5
- Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
(1) file with the director a copy of the application that the company has filed with the responsible federal bank supervisory agency and any additional information prescribed by the director; and
(2) pay to the director any application fee prescribed by the director.
B. As long as they are consistent with the effective discharge of the director’s responsibilities, the application and reporting forms established pursuant to the Interstate Bank Acquisition Act shall conform to those established for the same purposes by the board of governors of the federal reserve system pursuant to the Bank Holding Company Act.