New Mexico Statutes
Article 11 - Credit Unions
Section 58-11-62 - Criminal liability.

Any credit union executive officer, director, committee member, employee or agent who willfully does any of the following is guilty of a fourth degree felony:
A. with intent to deceive, falsifies any books of account, report, statement, record or other document of a credit union whether by alteration, false entry, omission or otherwise;
B. signs, issues, publishes or transmits to a government agency any book of account, report, statement, record or other document which he knows to be false;
C. by means of deceit, obtains a signature to a writing which is a subject of forgery;
D. with intent to deceive, destroys any credit union book of account, statement, record or other document; or
E. divulges any information not lawfully required or specifically permitted concerning the affairs of the credit union or any member thereof which he has obtained solely by virtue of his position with the credit union and which information causes harm to the credit union or member.
History: Laws 1987, ch. 311, § 62; 1991, ch. 51, § 20.
Repeals. — Laws 1997, ch. 195, § 42 repealed Laws 1987, ch. 311, § 68, which had provided for the repeal of this section on July 1, 1997.
The 1991 amendment, effective July 1, 1991, in the introductory paragraph substituted "executive officer, director, committee member" for "officer, director" and corrected a misspelling in Subsection D.

Structure New Mexico Statutes

New Mexico Statutes

Chapter 58 - Financial Institutions and Regulations

Article 11 - Credit Unions

Section 58-11-1 - Short title.

Section 58-11-2 - Definitions.

Section 58-11-3 - Supervision and regulation.

Section 58-11-4 - Appeal rights and court review.

Section 58-11-5 - Examinations; supervision fees.

Section 58-11-6 - Records.

Section 58-11-7 - Reports.

Section 58-11-8 - Records of the division.

Section 58-11-9 - Conflicts of interest.

Section 58-11-10 - Formation of credit union.

Section 58-11-11 - Forms of articles and bylaws.

Section 58-11-12 - Amendments.

Section 58-11-13 - Use of name exclusive.

Section 58-11-14 - Service facilities.

Section 58-11-15 - Fiscal year.

Section 58-11-16 - Out-of-state credit unions; approval to conduct business; director's duties and powers.

Section 58-11-17 - Doing business outside this state.

Section 58-11-18 - Powers of credit unions.

Section 58-11-19 - Incidental powers.

Section 58-11-20 - Advantageous federal powers.

Section 58-11-21 - Membership.

Section 58-11-22 - Central credit unions.

Section 58-11-23 - Other credit unions.

Section 58-11-24 - Member eligibility.

Section 58-11-25 - Liability of members.

Section 58-11-26 - Meetings of members.

Section 58-11-27 - Direction of affairs.

Section 58-11-28 - Record of officials.

Section 58-11-29 - Vacancies.

Section 58-11-30 - Compensation of officials.

Section 58-11-31 - Conflicts of interest.

Section 58-11-32 - Officers.

Section 58-11-32.2 - Repealed.

Section 58-11-33 - Authority and responsibility of board members.

Section 58-11-34 - Repealed.

Section 58-11-35 - Meetings of board members.

Section 58-11-36 - Duties of board members.

Section 58-11-37 - Repealed.

Section 58-11-38 - Supervisory committee.

Section 58-11-39 - Members' accounts.

Section 58-11-40 - Dividends and interest.

Section 58-11-41 - Withdrawals.

Section 58-11-42 - Accounts of minors.

Section 58-11-43 - Joint accounts.

Section 58-11-44 - Trust accounts.

Section 58-11-45 - Payable-on-death accounts.

Section 58-11-46 - Liens.

Section 58-11-47 - Dormant accounts.

Section 58-11-48 - Share and deposit insurance.

Section 58-11-49 - Loan policies.

Section 58-11-50 - Insurance for members.

Section 58-11-51 - Liability and fidelity insurance for officials and employees.

Section 58-11-52 - Group purchasing.

Section 58-11-53 - Money-type instruments.

Section 58-11-54 - Retirement accounts.

Section 58-11-55 - Trust authority.

Section 58-11-56 - Investments.

Section 58-11-57 - Repealed.

Section 58-11-57.1 - Capitalization and reserves.

Section 58-11-58 - Dissolution.

Section 58-11-59 - Merger of credit unions.

Section 58-11-60 - Conversion.

Section 58-11-61 - Taxation.

Section 58-11-62 - Criminal liability.

Section 58-11-63 - Slander; libel.

Section 58-11-64 - Repealed.

Section 58-11-65 - False affidavit; penalty.