{"data":{"id":"us-nm/58-4-12","jurisdiction":"us-nm","citation":"58-4-12","heading":"Book value of assets.","body":"Without approval by the director of the financial institutions division no asset shall be carried on the books of the resulting or purchasing state bank at a valuation higher than that on the books of the merging or converting bank at the time of its last examination by a state or national bank examiner before the effective date of the merger or conversion.","path":["Chapter 58 - Financial Institutions and Regulations","ARTICLE 4 Merger and Consolidation of Banks"],"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":"7842b0fd28260fdf88eb5387cc022e8582be08e797e662ac85af31634416920f","source_id":"us-nm","stale":false,"prev":"us-nm/58-4-11","next":"us-nm/58-4-13"},"notice":"GroundRules: Original legal text. Not legal advice."}