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NEW MEXICO STATUTES AND CODES

Section 58-2-8 - [Enforcement of individual liability of stockholders and directors of closed banks.]

58-2-8. [Enforcement of individual liability of stockholders and directors of closed banks.]

Among its other powers, said corporation, in the performance of its powers and duties as such receiver or liquidator, shall have the right and power upon the order of a court of record of competent jurisdiction to enforce the individual liability of the stockholders, and directors of any such banking institution.   

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