Among its other powers, said corporation, in the performance of its powers and duties as such receiver or liquidator, shall have the right and power upon the order of a court of record of competent jurisdiction to enforce the individual liability of the stockholders, and directors of any such banking institution.
§ 58-2-8 NMSA 1978
[Enforcement of individual liability of stockholders and directors of closed banks.]
Laws 1935, ch. 16, § 8; 1941 Comp., § 50-1108; 1953 Comp., § 48-11-8.
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.