The provided legal document content pertains to the merger and consolidation of banks in New Mexico. It outlines the procedure and requirements for merging state banks and converting national banks into state banks. The approval of the director of the financial institutions division is required for these actions. The document also covers the rights and liabilities of dissenting stockholders, the valuation of assets during the merger or conversion, the sale of bank assets and business, the continuation of corporate entities, and the effectiveness of mergers and conversions upon filing the executed agreement.

The legal document, part of the New Mexico Statutes Annotated 1978 under the Uniform Commercial Code, governs funds transfers. It provides definitions for terms used in funds transfers and explains the issuance of payment orders, the time of receipt, and the role of receiving banks. The document clarifies the relationship between the Uniform Commercial Code and the Electronic Fund Transfer Act and emphasizes the need for precise rules and definitions in funds transfers.

The provided legal document content pertains to actions related to gambling debts and losses. It states that any person who loses money or property at a game of cards or any gambling device has the right to recover the same through legal action. If the loss is in the form of money, the person can file an action of debt. If the loss is in the form of property, the person can file an action of trover, replevin, or detinue.

The provided legal document content pertains to the organization and management of banks and trust companies in New Mexico. It states that banks and trust companies in New Mexico are required to comply with the reserve requirements of the Federal Reserve Act, which is considered as full compliance with the state laws. The document also discusses the process for banks to apply to the federal reserve board to subscribe to the stock of the federal reserve bank, granting them the powers of member banks.

The provided legal document content pertains to miscellaneous loans in New Mexico. It authorizes financial institutions, including banks, trust companies, building and loan associations, and insurance companies, to sell mortgage loans secured by real estate mortgages to the federal national mortgage association (FNMA) or any successor thereof. These institutions are also authorized to make payments of any capital contributions required by law in the form of subscriptions for stock of FNMA or any successor thereof.

The New Mexico Bank Installment Loan Act of 1959 governs the regulation of installment loans in New Mexico. It applies to persons and entities involved in making loans in the state. The Act does not amend or repeal the provisions of the New Mexico Small Loan Act of 1955. It also does not apply to the assignment or purchase of retail installment contracts originated under specific provisions of the New Mexico Statutes Annotated 1978.

The provided legal document governs the powers of state and national banks, trust companies, savings banks, building and loan associations, savings and loan associations, and lenders approved for loans by the National Housing Act. These entities are authorized to make loans secured by real property or leasehold, as insured or guaranteed by the federal housing administrator or veterans administrator. They are also permitted to invest in loans eligible for purchase by federal mortgage associations and mortgages guaranteed by the veterans administrator.

The Uniform Unclaimed Property Act governs the handling of unclaimed property in New Mexico. It applies to various entities including administrators, apparent owners, business associations, financial organizations, holders, insurance companies, mineral owners, money order issuers, owners, persons, states, and utilities. The Act defines terms such as administrator, apparent owner, business association, domicile, financial organization, holder, insurance company, mineral, mineral proceeds, money order, owner, person, property, record, state, and utility. It provides a comprehensive definition of property, including tangible and intangible property, and specifies what is excluded from the definition.

This legal document provides definitions and an index of definitions for the Uniform Commercial Code’s Secured Transactions in New Mexico. It applies to individuals and organizations involved in secured transactions in New Mexico. The document does not provide specific exemptions or penalties. It serves as a reference for legal professionals and individuals involved in secured transactions in New Mexico. The document governs secured transactions and the creation of security interests in personal property or fixtures.

This legal document governs the medium and time of settlement by a bank. It specifies that the medium and time of settlement may be prescribed by Federal Reserve regulations or circulars, clearinghouse rules, or agreement. In the absence of such prescription, the medium of settlement is cash or credit to an account in a Federal Reserve bank or specified by the person to receive settlement. The time of settlement varies depending on the method of tender, such as cash, credit in a Federal Reserve bank account, credit or debit to a bank account, or funds transfer.