New Mexico Statutes
§ 58-1-70 — Deposit insurance; membership in federal reserve system
New Mexico § 58-1-70
This text of New Mexico § 58-1-70 (Deposit insurance; membership in federal reserve system) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 58-1-70 (2026).
Text
A state bank shall obtain insurance of its deposits by the United States or any agency thereof, and may acquire and hold membership in the federal reserve system.
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Legislative History
1953 Comp., § 48-22-58, enacted by Laws 1963, ch. 305, § 58.
Nearby Sections
15
§ 58-1-1
Short title§ 58-1-11
Access by fiduciaries§ 58-1-13
Lease to minor§ 58-1-14
Search procedure on death§ 58-1-17
Qualification and fiduciary powers§ 58-1-18
Fiduciary bond or oath excused§ 58-1-2
Definitions of banks§ 58-1-2.1
Prohibition§ 58-1-20
Reserves against deposits§ 58-1-21
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Bluebook (online)
New Mexico § 58-1-70, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/58/58-1-70.