State Codes and Statutes

Statutes > New-mexico > Chapter-58 > Article-1 > Section-58-1-77

58-1-77. Receipt of deposits while insolvent.

It is unlawful for a bank to receive any deposit while insolvent or for an officer, director or employee who knows or, in the proper performance of his duty, should know of such insolvency to receive or authorize the receipt of such deposit.   

State Codes and Statutes

Statutes > New-mexico > Chapter-58 > Article-1 > Section-58-1-77

58-1-77. Receipt of deposits while insolvent.

It is unlawful for a bank to receive any deposit while insolvent or for an officer, director or employee who knows or, in the proper performance of his duty, should know of such insolvency to receive or authorize the receipt of such deposit.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-58 > Article-1 > Section-58-1-77

58-1-77. Receipt of deposits while insolvent.

It is unlawful for a bank to receive any deposit while insolvent or for an officer, director or employee who knows or, in the proper performance of his duty, should know of such insolvency to receive or authorize the receipt of such deposit.