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Home » US Law » 2021 New Mexico Statutes » Chapter 58 - Financial Institutions and Regulations » Article 1C - Interstate Bank Branching » Section 58-1C-6 – De novo branching and acquisition of individual branches 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.

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