There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 58: Financial Institutions and Regulations
Article 9: Trust Companies, 58-9-1 through 58-9-13
Section 58-9-11: Discontinuing business; continuing jurisdiction.
NM Stat § 58-9-11 (1996 through 1st Sess 50th Legis) What's This?
58-9-11. Discontinuing business; continuing jurisdiction.
Whenever any corporation desires to discontinue doing a trust business and surrenders its certificate or if its certificate is suspended or revoked, the company shall nevertheless continue to be subject to the provisions of the Trust Company Act [58-9-1 NMSA 1978] for so long as it acts as a fiduciary with respect to any trust business previously undertaken.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
