N.M. Stat. § 58-1-70

Current through 2024, ch. 69
Section 58-1-70 - Deposit insurance; membership in federal reserve system

A state bank shall obtain insurance of its deposits by the United States or any agency thereof, and may acquire and hold membership in the federal reserve system.

NMS § 58-1-70

1953 Comp., § 48-22-58, enacted by Laws 1963, ch. 305, § 58.