N.M. Stat. § 14-7-1
Requiring notice of intent to gain access to records of
financial institutions.
A. At least seven days prior to a state agency, board or commission requesting or
gaining 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 notify by
certified or registered mail the person, corporation, company or other organization of its
intent to gain access or acquire such records.
B. The requirement of notice set forth in Subsection A of this section shall not apply
to the audit of, compliance monitoring of or preparation of reports concerning 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.
C. The provisions of Subsection A of this section shall not apply to requests for
records made pursuant to an administrative subpoena. In such instances, at least
twenty-four hours' notice shall be given to the person, corporation, company or
organization.