New Mexico Statutes
§ 58-5-3 — Branch banks; permit to open; powers; location
New Mexico § 58-5-3
This text of New Mexico § 58-5-3 (Branch banks; permit to open; powers; location) 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. § 58-5-3 (2026).
Text
Branches of banks authorized under the provisions of this article are authorized to accept deposits, cash checks, buy and sell exchange, make loans and do a general banking business. A permit to open the branch shall first be obtained from the director.
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Legislative History
1941 Comp., § 50-215b, enacted by Laws 1951, ch. 32, § 2; 1953 Comp., §
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
LoansCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 58-5-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/58/58-5-3.