{"data":{"id":"us-nm/58-1-19","jurisdiction":"us-nm","citation":"58-1-19","heading":"Identification and segregation of fiduciary assets; investment and deposit of cash.","body":"A state bank holding any asset as a fiduciary shall:\nA. segregate all such assets from any other assets of the bank and from the assets of other trusts, except as may be permitted by the Uniform Common Trust Fund Act [46-1-13 to 46-1-16 NMSA 1978] or by other provisions of law or by the writing creating the trust; and\nB. record such assets in a separate set of books maintained for fiduciary activities.","path":["Chapter 58 - Financial Institutions and Regulations","ARTICLE 1 Banking Generally"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18561/index.do","current_through":"2025-01-07","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"7ad11d14a504425646c39b54e07b7ad676630f0774ec0759bfe8244fc0daa854","source_id":"us-nm","stale":false,"prev":"us-nm/58-1-18","next":"us-nm/58-1-20"},"notice":"GroundRules: Original legal text. Not legal advice."}