There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 58: Financial Institutions and Regulations
Article 2: Insurance of Bank Deposits, 58-2-1 through 58-2-8
Section 58-2-8: [Enforcement of individual liability of stockholders and directors of closed banks.]
NM Stat § 58-2-8 (1996 through 1st Sess 50th Legis) What's This?
58-2-8. [Enforcement of individual liability of stockholders and directors of closed banks.]
Among its other powers, said corporation, in the performance of its powers and duties as such receiver or liquidator, shall have the right and power upon the order of a court of record of competent jurisdiction to enforce the individual liability of the stockholders, and directors of any such banking institution.
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