Banking Generally

  1. Law
  2. New Mexico Statutes
  3. Financial Institutions and Regulations
  4. Banking Generally

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Section
58-1-1

Short title.

Section
58-1-2

Definitions of banks.

Section
58-1-2.1

Prohibition.

Section
58-1-3

Definitions.

Section
58-1-4

Effect on existing banks.

Section
58-1-5

Deposit of minor; school or institutional deposits.

Section
58-1-6

Designating agent.

Section
58-1-7

Adverse claim to deposit.

Section
58-1-8

Payment from account when no executor or administrator has qualified.

Section
58-1-9

Transmitting money; foreign exchange.

Section
58-1-10

Authority to engage in leasing safe deposit facilities; subsidiary company.

Section
58-1-11

Access by fiduciaries.

Section
58-1-12

Effect of lessee's death or incapacity.

Section
58-1-13

Lease to minor.

Section
58-1-14

Search procedure on death.

Section
58-1-15

Adverse claims to contents of safe deposit box.

Section
58-1-16

Special remedies for nonpayment of rent.

Section
58-1-17

Qualification and fiduciary powers.

Section
58-1-18

Fiduciary bond or oath excused.

Section
58-1-19

Identification and segregation of fiduciary assets; investment and deposit of cash.

Section
58-1-20

Reserves against deposits.

Section
58-1-21

Loans.

Section
58-1-22

Investments.

Section
58-1-23

Acceptances.

Section
58-1-24

Diversification of loans and investments.

Section
58-1-25

Acquisition of property to satisfy or protect previous loan.

Section
58-1-26

Acquisition of banking premises and equipment.

Section
58-1-27

Sale of assets in ordinary course.

Section
58-1-28

Borrowing.

Section
58-1-29

Issuance of capital debentures or notes.

Section
58-1-30

Pledge of assets.

Section
58-1-31

Endorsement and signature guaranty and unauthorized assumption of liability.

Section
58-1-32

Director of the financial institutions division; appointment and qualifications; salary.

Section
58-1-33

Oath of secrecy; surety bonds.

Section
58-1-34

Powers of director.

Section
58-1-35

Employees [Examiners] and clerks; designation of deputy.

Section
58-1-36

Seal of the director.

Section
58-1-37

Office of the commissioner [director]; delegation of powers.

Section
58-1-38

Divulging information prohibited; exchange of information with United States; violation a misdemeanor.

Section
58-1-39

Bank records; prescribing manner of keeping.

Section
58-1-40

Reports of condition; special reports; failure to make; penalty.

Section
58-1-41

Supervision fees.

Section
58-1-41.1

Trust department examination; fees.

Section
58-1-41.2

Additional examinations.

Section
58-1-42

Repealed.

Section
58-1-43

Fees and penalties; disposition.

Section
58-1-44

Copies of reports and records; evidence; fees.

Section
58-1-45

Court review.

Section
58-1-46

Examinations and reports.

Section
58-1-47

Commissioner's [Director's] annual report.

Section
58-1-48

Records of division.

Section
58-1-49

Banking interests of officers and employees of the department of banking [financial institutions division]

Section
58-1-50

Limitation of personal liability.

Section
58-1-51

Standards in regulations.

Section
58-1-52

Incorporators.

Section
58-1-53

General corporate powers.

Section
58-1-54

Powers of director and of state banks.

Section
58-1-55

Capital structure; impairment of capital.

Section
58-1-56

Notice of intention.

Section
58-1-57

Application for permission to file corporate papers.

Section
58-1-58

Determination on application for permission to file with the corporation commission [public regulation commission]

Section
58-1-59

Subscription calls.

Section
58-1-60

First meetings of stockholders and directors; adoption of bylaws.

Section
58-1-61

Certificate of authority.

Section
58-1-62

Amendment of articles of incorporation.

Section
58-1-63

Repealed.

Section
58-1-64

Meetings of stockholders; voting; proxies; voting trusts; preemptive right; transfer of stock; report of holdings.

Section
58-1-65

Directors and officers.

Section
58-1-66

Directors; meetings and duties.

Section
58-1-67

Fidelity bonds and other insurance.

Section
58-1-68

Authority to declare dividends.

Section
58-1-69

Capital, surplus and undivided profits; accounting requirements.

Section
58-1-70

Deposit insurance; membership in federal reserve system.

Section
58-1-71

Waivers; corporate action by unanimously signed writing.

Section
58-1-72

Voluntary liquidation and dissolution.

Section
58-1-73

Director in possession.

Section
58-1-74

Requirements of reorganization plan.

Section
58-1-75

Liquidation by commissioner [director].

Section
58-1-76

Unauthorized conduct of banking business.

Section
58-1-77

Receipt of deposits while insolvent.

Section
58-1-78

Unlawful service as officer or director.

Section
58-1-79

Unlawful gratuity or compensation; transactions of persons connected with state bank.

Section
58-1-80

Unlawful concealment of transaction.

Section
58-1-81

Improper maintenance of accounts; false or deceptive entries and statements.

Section
58-1-82

Reimbursement for fines and penalties.

Section
58-1-83

Unlawful use of words "safe deposit.".

Section
58-1-84

Unlawful sanctions; violations of rules and orders.

Section
58-1-85

Injunction.