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Section 58-1-18 - Fiduciary bond or oath excused — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 58-1-18 - Fiduciary bond or oath excused

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No oath or bond shall be required of a bank to qualify upon appointment as a fiduciary, unless the instrument creating a fiduciary position expressly otherwise provides. History: 1953 Comp., § 48-22-18, enacted by Laws 1963, ch. 305, § 18. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 10 Am. Jur. 2d Banks § 304. 9 C.J.S. Banks and Banking §§ 8, 9.