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New Mexico Statutes Annotated 1978

1

Banking Generally

State of New Mexico

58-1-1Short title 58-1-2Definitions of banks 58-1-2.1Prohibition 58-1-3Definitions 58-1-4Effect on existing banks 58-1-5Deposit of minor; school or institutional deposits 58-1-6Designating agent 58-1-7Adverse claim to deposit 58-1-8Payment from account when no executor or administrator has qualified 58-1-9Transmitting money; foreign exchange 58-1-10Authority to engage in leasing safe deposit facilities; subsidiary company 58-1-11Access by fiduciaries 58-1-12Effect of lessee's death or incapacity 58-1-13Lease to minor 58-1-14Search procedure on death 58-1-15Adverse claims to contents of safe deposit box 58-1-16Special remedies for nonpayment of rent 58-1-17Qualification and fiduciary powers 58-1-18Fiduciary bond or oath excused 58-1-19Identification and segregation of fiduciary assets; investment and deposit of cash 58-1-20Reserves against deposits 58-1-21Loans 58-1-22Investments 58-1-23Acceptances 58-1-24Diversification of loans and investments 58-1-25Acquisition of property to satisfy or protect previous loan 58-1-26Acquisition of banking premises and equipment 58-1-27Sale of assets in ordinary course 58-1-28Borrowing 58-1-29Issuance of capital debentures or notes 58-1-30Pledge of assets 58-1-31Endorsement and signature guaranty and unauthorized assumption of liability 58-1-32Director of the financial institutions division; appointment and qualifications; salary 58-1-33Oath of secrecy; surety bonds 58-1-34Powers of director 58-1-35Employees [Examiners] and clerks; designation of deputy 58-1-36Seal of the director 58-1-37Office of the commissioner [director]; delegation of powers 58-1-38Divulging information prohibited; exchange of information with United States; violation a misdemeanor 58-1-39Bank records; prescribing manner of keeping 58-1-40Reports of condition; special reports; failure to make; penalty 58-1-41Supervision fees 58-1-41.1Trust department examination; fees 58-1-41.2Additional examinations 58-1-43Fees and penalties; disposition 58-1-44Copies of reports and records; evidence; fees 58-1-45Court review 58-1-46Examinations and reports 58-1-47Commissioner's [Director's] annual report 58-1-48Records of division 58-1-49Banking interests of officers and employees of the department of banking [financial institutions division]58-1-50Limitation of personal liability 58-1-51Standards in regulations 58-1-52Incorporators 58-1-53General corporate powers 58-1-54Powers of director and of state banks 58-1-55Capital structure; impairment of capital 58-1-56Notice of intention 58-1-57Application for permission to file corporate papers 58-1-58Determination on application for permission to file with the corporation commission [public regulation commission]58-1-59Subscription calls 58-1-60First meetings of stockholders and directors; adoption of bylaws 58-1-61Certificate of authority 58-1-62Amendment of articles of incorporation 58-1-64Meetings of stockholders; voting; proxies; voting trusts; preemptive right; transfer of stock; report of holdings 58-1-65Directors and officers 58-1-66Directors; meetings and duties 58-1-67Fidelity bonds and other insurance 58-1-68Authority to declare dividends 58-1-69Capital, surplus and undivided profits; accounting requirements 58-1-70Deposit insurance; membership in federal reserve system 58-1-71Waivers; corporate action by unanimously signed writing 58-1-72Voluntary liquidation and dissolution 58-1-73Director in possession 58-1-74Requirements of reorganization plan 58-1-75Liquidation by commissioner [director]58-1-76Unauthorized conduct of banking business 58-1-77Receipt of deposits while insolvent 58-1-78Unlawful service as officer or director 58-1-79Unlawful gratuity or compensation; transactions of persons connected with state bank 58-1-80Unlawful concealment of transaction 58-1-81Improper maintenance of accounts; false or deceptive entries and statements 58-1-82Reimbursement for fines and penalties 58-1-83Unlawful use of words "safe deposit."58-1-84Unlawful sanctions; violations of rules and orders 58-1-85Injunction