Esheria Regulatory Atlas
Financial services, banking, payments, credit, securities, and regulated finance. Every result links to its stored legal text and available official source evidence.
828 matching statutes
United States — New Mexico
1 provisions
Acequias or community ditches may create a water bank to temporarily reallocate water, make temporary place-of-use transfers without formal proceedings before the state engineer, and keep banked rights from being lost for non-use while they are in the bank.
United States — New Mexico
1 provisions
A party to a funds transfer may vary its rights and obligations by agreement, unless this article provides otherwise.
United States — New Mexico
1 provisions
This section shifts loss for certain erroneous payment orders if a security procedure was followed and the error would have been caught; it also requires the sender to notify the bank of the error within 90 days after notice.
United States — New Mexico
1 provisions
A company generally may not buy a New Mexico state bank or bank holding company without the director’s prior approval, unless federal law allows it or a listed exception applies.
United States — New Mexico
1 provisions
A receiving bank’s interest on a payment order may be set by agreement or by a funds-transfer system rule; otherwise it is calculated under the section’s formula.
United States — New Mexico
1 provisions
A collecting bank may extend or change certain UCC time limits for a specific item by up to two additional banking days if it is acting in good faith and no contrary instruction applies.
United States — New Mexico
1 provisions
An originator pays the beneficiary when the beneficiary’s bank accepts the payment order, and the amount cannot exceed the originator’s order.
United States — New Mexico
1 provisions
A payor bank may revoke a timely settlement and recover it if it acts before final payment and before the midnight deadline by returning the item, returning an agreed image, or sending notice of dishonor or nonpayment.
United States — New Mexico
1 provisions
The section says when a bank’s settlement for an item becomes final and when customer funds become available for withdrawal.
United States — New Mexico
1 provisions
A payor bank may be subrogated to certain rights if it pays an item after a stop-payment order, after an account is closed, or in similar objectionable circumstances, but only to prevent unjust enrichment and only as needed to avoid the bank’s loss.
United States — New Mexico
1 provisions
A collecting bank must send items by a reasonably prompt method, and it may send items directly to a payor bank or, in some cases, to a non-bank payor.
United States — New Mexico
1 provisions
A bank’s authority to handle items is not cut off by a customer’s death or incompetence until the bank knows of it and has time to act; after death, the bank may still pay or certify certain checks for 10 days unless someone with an interest orders stop payment.