N.M. Stat. § 58-1-85

Current through 2024, ch. 69
Section 58-1-85 - Injunction

Whenever a violation of the Banking Act, by a bank or an officer, director or employee thereof, is threatened or impending and will cause substantial injury to the institution or to the depositors, creditors or stockholders thereof, the district court of Santa Fe county may, upon the suit of the commissioner [director of the financial institutions division of the regulation and licensing department], issue an injunction restraining such violation.

NMS § 58-1-85

1953 Comp., § 48-22-73, enacted by Laws 1963, ch. 305, § 73.