New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 12 - Credit Union Share Insurance Corporations

Section 58-12-1 - Short title. - This act [58-12-1 to 58-12-3, 58-12-4 to 58-12-15 NMSA 1978]...

Section 58-12-2 - Definitions. - As used in the Credit Union Share Insurance Corporation Act:...

Section 58-12-3 - Formation of corporation; purpose. - Any seven or more credit unions in this state or...

Section 58-12-3.1 - Out-of-state members. - Notwithstanding any language herein to the contrary, any member not...

Section 58-12-4 - Corporation organization and bylaws. - A. Except as otherwise provided, each delegate shall have one...

Section 58-12-5 - Corporation directors and officers. - A. The corporation shall have a board of directors consisting...

Section 58-12-6 - Corporation; board meetings. - The annual meeting of the corporation shall be held in...

Section 58-12-7 - Corporation; powers and duties of the board. - A. To the extent authorized by the commissioner or any...

Section 58-12-8 - Corporation; termination of membership; penalty. - A. Whenever it shall appear to the board and the...

Section 58-12-9 - Corporation; membership. - A. Any membership applicant shall first give notice in writing...

Section 58-12-10 - Corporation; assessments. - A. As a basic assessment for the purpose of establishing...

Section 58-12-11 - Assessments; for operational purposes. - In or within thirty days after June 30 or December...

Section 58-12-12 - Financial assistance. - The board may by resolution borrow money for the purposes...

Section 58-12-13 - Dissolution of the corporation. - The directors of the corporation, at a special meeting called...

Section 58-12-14 - Applicability of certain laws. - The corporation shall be exempt from all state and local...

Section 58-12-15 - Corporation; investments. - Except as herein provided, any or all of the corporation...