Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 5 - Organization and Management, 58-5-1 through 58-5-11. > Section 58-5-5 - [Prior bank agencies; designation as branches.]

Section 58-5-5 - [Prior bank agencies; designation as branches.]

58-5-5. [Prior bank agencies; designation as branches.]

Any bank agency or agencies heretofore opened and conducted prior to the passage and approval hereof under the authorization contained in Chapter 50 Section 216 of the New Mexico Statutes Annotated, 1941 Compilation, are hereafter to be conducted and known as branches under the authorization hereof.