{"data":{"id":"us-nm/58-1-27","jurisdiction":"us-nm","citation":"58-1-27","heading":"Sale of assets in ordinary course.","body":"A bank may sell any asset in the ordinary course of business, or with the approval of the commissioner [director of the financial institutions division of the regulation and licensing department] in any other circumstance, but the sale of all or substantially all of the assets of a bank or of a department thereof is governed by Section 58-4-9 NMSA 1978.","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":"b42d3098566554174d4443e1782e65d153d4a67977b03574428b86f0df6865ab","source_id":"us-nm","stale":false,"prev":"us-nm/58-1-26","next":"us-nm/58-1-28"},"notice":"GroundRules: Original legal text. Not legal advice."}