No oath or bond shall be required of a bank to qualify upon appointment as a fiduciary, unless the instrument creating a fiduciary position expressly otherwise provides.
§ 58-1-18 NMSA 1978
Fiduciary bond or oath excused
Known as the Banking Act
The act spans §§ 58–58 (88 sections).
1953 Comp., § 48-22-18, enacted by Laws 1963, ch. 305, § 18.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.