New Mexico Statutes > Chapter 58 > Article 5 – Organization and Management

Current as of: 2023 | Check for updates | Other versions


§ 58-5-1	Board of directors; oaths
§ 58-5-2	Branch banks
§ 58-5-3	Branch banks; permit to open; powers; location
§ 58-5-5	[Prior bank agencies; designation as branches.]
§ 58-5-6	Banking days; notice; closing
§ 58-5-7	Legal holidays for banks
§ 58-5-8	[Federal reserve; bank may become stockholder or member.]
§ 58-5-9	[Compliance with federal reserve requirements satisfies state balance requirements.]
§ 58-5-10	[Federal reserve member banks; state examination.]
§ 58-5-11	Interstate acquisition; procedures

Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. ^{Source: OCC}
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Oath: A promise to tell the truth.

New Mexico Statutes > Chapter 58 > Article 5 – Fraud and Liabilities

Current as of: 2023 | Check for updates | Other versions


§ 58-13C-501	Securities fraud
§ 58-13C-502	Prohibited conduct in providing investment advice
§ 58-13C-503	Evidentiary burden
§ 58-13C-504	Filing of sales and advertising literature
§ 58-13C-505	Misleading filings
§ 58-13C-506	Misrepresentations concerning registration or exemption
§ 58-13C-507	Qualified immunity
§ 58-13C-508	Criminal penalties
§ 58-13C-509	Civil liability
§ 58-13C-510	Rescission offers

Contract: A legal written agreement that becomes binding when signed.
Conviction: A judgement of guilt against a criminal defendant.
Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
Fraud: Intentional deception resulting in injury to another.
Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
Plaintiff: The person who files the complaint in a civil lawsuit.
Statute: A law passed by a legislature.

Current as of: 2023 | Check for updates | Other versions


§ 58-32-501	Relationship between licensee and authorized delegate
§ 58-32-502	Unauthorized activity