New Mexico Statutes 58-4-1. Additional definitions
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As used in this article, unless the context otherwise requires:
Terms Used In New Mexico Statutes 58-4-1
- association: includes a state or federal savings and loan association unless limited by use of the words "state" or "federal". See New Mexico Statutes 58-4-1
- merger: includes consolidation. See New Mexico Statutes 58-4-1
- National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
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.