As used in this article, unless the context otherwise requires: A. 'association' includes a state or federal savings and loan association unless limited by use of the words 'state' or 'federal'; B. 'converting bank' means a bank converting from a state bank to a national bank or the reverse; C. 'merger' includes consolidation; D. 'merging bank' means a party to a merger; E. 'resulting bank' means the bank resulting from a merger or conversion; and F. 'dissenting stockholder' means a stockholder dissenting and voting his dissent as provided in this article. History: 1941 Comp., § 50-1901, enacted by Laws 1951, ch. 37, § 1; 1953 Comp., § 48-13-1; Laws 1993, ch. 210, § 2. ANNOTATIONSCross references. — For the Interstate Bank Branching Act, see 58-1C-1 NMSA 1978. The 1993 amendment, effective June 18, 1993, substituted 'article' for 'title' in the introductory language and Subsection F, added present Subsection A, redesignated former Subsections A through E as present Subsections B through F, inserted 'bank' following 'state' in Subsection B, and made a stylistic change. Am. Jur. 2d, A.L.R. and C.J.S. references. — 10 Am. Jur. 2d Banks §§ 27 to 29. gh E as present Subsections B through F, inserted 'bank' following 'state' in Subsection B, and made a stylistic change. Am. Jur. 2d, A.L.R. and C.J.S. references. — 10 Am. Jur. 2d Banks §§ 27 to 29. Consolidation or merger of bank as affecting statutory superadded liability of stockholders, 154 A.L.R. 427. 9 C.J.S. Banks and Banking §§ 158 et seq., 495, 570, 571.
New Mexico Legal Code