New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 1C - Interstate Bank Branching

Section 58-1C-1 - Short title. - Sections 14 through 27 [58-1C-1 to 58-1C-13 NMSA 1978] of...

Section 58-1C-2 - Purpose. - The purpose of the Interstate Bank Branching Act is to...

Section 58-1C-3 - Definitions. - As used in the Interstate Bank Branching Act: A. "bank"...

Section 58-1C-4 - Authority of state banks to establish interstate branches by merger. - A. If it obtains the prior approval of the director,...

Section 58-1C-5 - Interstate merger transactions and branching permitted. - A. One or more New Mexico banks may enter into...

Section 58-1C-6 - De novo branching and acquisition of individual branches not permitted. - Interstate branching, either de novo or by acquisition of one...

Section 58-1C-7 - Notice and filing requirements. - An out-of-state bank that will be the resulting bank pursuant...

Section 58-1C-8 - Condition for interstate merger prior to June 1, 1997. - An interstate merger transaction prior to June 1, 1997 resulting...

Section 58-1C-9 - Powers; additional branches. - A. An out-of-state state bank with branches in New Mexico...

Section 58-1C-10 - Examinations; periodic reports; cooperative agreements; assessment of fees. - A. To the extent consistent with Subsection C of this...

Section 58-1C-11 - Enforcement. - If the director determines that a branch maintained by an...

Section 58-1C-12 - Regulations. - The director may adopt regulations necessary or appropriate to implement...

Section 58-1C-13 - Notice of subsequent merger and other transactions. - An out-of-state state bank that has established and maintains a...