Fiduciary bond or oath excused.

  1. Law
  2. New Mexico Statutes
  3. Financial Institutions and Regulations
  4. Banking Generally
  5. Fiduciary bond or oath excused.

Checkout our iOS App for a better way to browser and research.

No oath or bond shall be required of a bank to qualify upon appointment as a fiduciary, unless the instrument creating a fiduciary position expressly otherwise provides.

History: 1953 Comp., § 48-22-18, enacted by Laws 1963, ch. 305, § 18.

ANNOTATIONS

Am. Jur. 2d, A.L.R. and C.J.S. references. — 10 Am. Jur. 2d Banks § 304.

9 C.J.S. Banks and Banking §§ 8, 9.


Download our app to see the most-to-date content.