No officer or employee of the department [financial institutions division of the regulation and licensing department] shall be liable in any civil action for damages for any act done or omitted in good faith in performing the functions of his office.
§ 58-1-50 NMSA 1978
Limitation of personal liability
Known as the Banking Act
The act spans §§ 58–58 (88 sections).
1953 Comp., § 48-22-39, enacted by Laws 1963, ch. 305, § 39.
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.