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New Mexico · Through 2025-01-07

58-9-6: Minimum capital.

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Where this section sits in the code
  1. Chapter 58 - Financial Institutions and Regulations
  2. ARTICLE 9 Trust Companies

A. A certificate shall not be issued to an applicant for certification pursuant to the Trust Company Act having capital of less than five hundred thousand dollars ($500,000).

B. The minimum capital requirement shall be waived for nonprofit corporations.

Collected 2026-09-03T15:02:20Z. Source file · JSON

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