New Mexico Code § 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.
Am. 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.

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