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NEW MEXICO STATUTES AND CODES
Section 58-9-11 - Discontinuing business; continuing jurisdiction.
58-9-11. Discontinuing business; continuing jurisdiction.
Whenever any corporation desires to discontinue doing a trust business and surrenders its certificate or if its certificate is suspended or revoked, the company shall nevertheless continue to be subject to the provisions of the Trust Company Act [58-9-1 NMSA 1978] for so long as it acts as a fiduciary with respect to any trust business previously undertaken.
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