A. Whenever the supervisor is unable to make the findings required by Section 58-10-12 NMSA 1978, he shall serve upon each party of record and his attorney, if any, a written copy of his decision denying the application by certified mail to the party's address of record. All parties shall be deemed to have been served on the tenth day following the mailing. The decision shall include:
(1) findings of fact made by the supervisor;
(2) conclusions of law reached by the supervisor; and
(3) the decision of the supervisor based upon the findings of fact and conclusions of law.
B. Any party aggrieved by the decision of the supervisor may appeal the decision to the district court pursuant to the provisions of Section 39-3-1.1 NMSA 1978.
History: 1953 Comp., § 48-15-57, enacted by Laws 1967, ch. 61, § 13; 1998, ch. 55, § 53; 1999, ch. 265, § 56.
ANNOTATIONSCross references. — For service of summons, see Rule 1-004 NMRA.
For procedures governing administrative appeals to the district court, see Rule 1-074 NMRA.
For meaning of "supervisor", see 58-10-2J NMSA 1978.
For scope of review of the district court, see Zamora v. Village of Ruidoso Downs, 120 N.M. 778, 907 P.2d 182 (1995).
The 1999 amendment, effective July 1, 1999, substituted "Section 39-3-1.1" for "Section 12-8A-1" in Subsection B.
The 1998 amendment, effective September 1, 1998, in Subsection A, substituted "58-10-12 NMSA 1978" for "12 of the Savings and Loan Act"; rewrote Subsection B; and deleted Subsection C.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 10 Am. Jur. 2d Banks § 7.
9 C.J.S. Banks and Banking § 33.