has its principal place of business in a county of New Mexico, then it may rely on that county as its residence for purposes of venue selection under Section 38-3-1. IV. {17} Sunwest Bank of Albuquerque is a national banking association with its principal place of business in Bernalillo County. We conclude that Sunwest is a resident of Bernalillo County and that venue in this matter is proper in Bernalillo County under Section 38-3-1. The district court erred by dismissing Sunwest’s complaint for improper venue. Therefore, we reverse and remand for further proceedings in Bernalillo County consistent with this opinion. {18} IT IS SO ORDERED. FRANCHINI, C.J., and BACA and SERNA, JJ., concur. 1 . Citing Hughes v. Joe G. Maloof & Co., 84 N.M. 516, 518, 505 P.2d 859, 861 (Ct.App.1973) (<HOLDING>), the Court of Appeals denied Dr. Nelson's
holding venue proper where proper when the action was commenced holding that denial of remand was proper where plaintiff failed to raise the proper objection holding that transfer to a district in which circuit law likely precluded standing was proper because the language of  1404a refers only to whether venue is proper and not a plaintiffs capacity to sue holding that venue is proper in any judicial district in which the corporation is doing business recognizing that venue was proper both in district where indictment was filed and district of confinement