N.M. Stat. § 58-16-11
Restrictions on owning, leasing and operating.
A. Notwithstanding any provision to the contrary in the Remote Financial Service
Unit Act, no ATM shall be owned or leased by a person other than an in-state financial
institution.
B. Notwithstanding any provision to the contrary in the Remote Financial Service
Unit Act, no POS terminal shall be operated by any person other than a merchant or an
in-state financial institution.