De novo branching and acquisition of individual branches

NMSA 1978, § 58-1C-6 — under Article 1C.

NMSA 1978, § 58-1C-6

not permitted. Interstate branching, either de novo or by acquisition of one or more branches, not involving all or substantially all of the assets and branches of a New Mexico bank is prohibited. History: Laws 1996, ch. 2, § 19.