N.M. Stat. § 58-1-77

Current through 2024, ch. 69

Section 58-1-77 - Receipt of deposits while insolvent

It is unlawful for a bank to receive any deposit while insolvent or for an officer, director or employee who knows or, in the proper performance of his duty, should know of such insolvency to receive or authorize the receipt of such deposit.

NMS § 58-1-77

1953 Comp., § 48-22-65, enacted by Laws 1963, ch. 305, § 65.