State Codes and Statutes
Statutes > New-mexico > Chapter-58 > Article-9 > Section-58-9-1158-9-11. Discontinuing business; continuing jurisdiction.
Whenever any corporation desires to discontinue doing a trust business and surrenders its certificate or if its certificate is suspended or revoked, the company shall nevertheless continue to be subject to the provisions of the Trust Company Act [58-9-1 NMSA 1978] for so long as it acts as a fiduciary with respect to any trust business previously undertaken.
