Section 58-1C-6 - De novo branching and acquisition of individual branches not permitted.

NM Stat § 58-1C-6 (2019) (N/A)
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Interstate branching, either de novo or by acquisition of one or more branches, not involving all or substantially all of the assets and branches of a New Mexico bank is prohibited.

History: Laws 1996, ch. 2, § 19.