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    • Legislation USA
    • 2021 New Mexico Statutes
    • Chapter 58 - Financial Institutions and Regulations
    • Article 9 - Trust Companies
    • Section 58-9-6.1 - State of incorporation.

    2021 New Mexico Statutes
    Article 9 - Trust Companies
    Section 58-9-6.1 - State of incorporation.

    A certificate shall not be issued to an applicant other than a corporation organized under the laws of this state.
    History: 1978 Comp., § 58-9-6.1, enacted by Laws 1979, ch. 190, § 4.

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    Structure 2021 New Mexico Statutes

    2021 New Mexico Statutes

    Chapter 58 - Financial Institutions and Regulations

    Article 9 - Trust Companies

    Section 58-9-1 - Short title.

    Section 58-9-2 - Definitions.

    Section 58-9-3 - Exemptions.

    Section 58-9-4 - Certificate required; compliance with state and federal law; separation of trust fund and investments.

    Section 58-9-5 - Application for certificate; fee.

    Section 58-9-6 - Minimum capital.

    Section 58-9-6.1 - State of incorporation.

    Section 58-9-7 - Fidelity bond; insurance required; evidence of financial responsibility required.

    Section 58-9-8 - Procedure for granting or denying certificate.

    Section 58-9-8.1 - Principal and branch offices.

    Section 58-9-9 - Powers of director.

    Section 58-9-10 - Impairment of capital; unsafe conditions; receivership.

    Section 58-9-11 - Discontinuing business; reorganization; continuing jurisdiction.

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