{"data":{"id":"us-nm/14-7-2","jurisdiction":"us-nm","citation":"14-7-2","heading":"Requirements of state agencies, boards and commissions prior to access to a financial institution's records.","body":"A. Prior to a state agency, board or commission receiving access to or copies of the records of a person, corporation, company or organization maintained by a bank, savings and loan association, small loan company or other similar financial institution, the agency, board or commission shall:\n(1) allow the institution forty-eight hours to comply with an administrative subpoena;\n(2) allow the institution to provide authenticated copies of original records rather than the original copies in response to an administrative subpoena; and\n(3) pay the institution the reasonable cost of production of such records including both the cost of materials and wages.\nB. The provisions of Subsection A of this section shall not apply to the audit of any bank, savings and loan association, small loan company or other similar financial institution by a state agency when conducted pursuant to the agency's statutory directive.","path":["Chapter 14 - Records, Rules, Legal Notices, Oaths","ARTICLE 7 Financial Institution Records"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18514/index.do","current_through":"2025-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"d87eb918297c97b76ff12660cc086fab4cc5bc2bdf8b1519fe07aabbd7715023","source_id":"us-nm","stale":false,"prev":"us-nm/14-7-1","next":"us-nm/14-8-1"},"notice":"GroundRules: Original legal text. Not legal advice."}