{"data":{"id":"us-nm/58-26-6","jurisdiction":"us-nm","citation":"58-26-6","heading":"Formation of new depository institutions.","body":"Until July 1, 1992, no out-of-state depository institution or out-of-state holding company may form a new depository institution in New Mexico. After July 1, 1992, an out-of-state depository institution or out-of-state holding company may form a new depository institution in New Mexico, provided that the new depository institution has a minimum capital stock structure of at least seven million five hundred thousand dollars ($7,500,000), inclusive of common capital and surplus and undivided profits.","path":["Chapter 58 - Financial Institutions and Regulations","ARTICLE 26 Interstate Depository Institutions"],"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":"58c0c2867e0fdf0a2a00297d39d5455c70793306907646b78c3dd4339fe470bc","source_id":"us-nm","stale":false,"prev":"us-nm/58-26-5","next":"us-nm/58-26-7"},"notice":"GroundRules: Original legal text. Not legal advice."}