New Mexico § 58-1-81 - Improper maintenance of accounts; false or deceptive entries and statements
Full text of New Mexico New Mexico Statutes Annotated § 58-1-81 — Improper maintenance of accounts; false or deceptive entries and statements, with citation guidance and answers to common questions.
§ 58-1-81. Improper maintenance of accounts; false or deceptive entries and statements
It is unlawful for an officer, director, employee or agent of a bank to: A. maintain or authorize the maintenance of any account of the bank in a manner which,
to his knowledge, does not conform to the requirements prescribed by the Banking Act
or by the commissioner [director of the financial institutions division of the regulation
and licensing department]; B. make, with intent to deceive, any false or misleading statement or entry or omit
any statement or entry that should be made in any book, account, report or statement
of the institution; C. obstruct or endeavor to obstruct a lawful examination of the institution by an
officer or employee of the department [financial institutions division].
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 58-1-81
What does New Mexico Statutes Annotated § 58-1-81 cover?
Section 58-1-81 ("Improper maintenance of accounts; false or deceptive entries and statements") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 58-1-81?
A common citation format is "New Mexico Statutes Annotated § 58-1-81" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 58-1-81 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.