New Mexico Statutes
§ 58-10-33 — General corporate powers
New Mexico § 58-10-33
JurisdictionNew Mexico
Ch. 58Financial Institutions and Regulations
Art. 10Savings and Loan Associations
This text of New Mexico § 58-10-33 (General corporate powers) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 58-10-33 (2026).
Text
Every association incorporated pursuant to, or operating under, the provisions of the Savings and Loan Act has all powers authorized by the corporation laws of this state, is a body corporate and politic, may sue and be sued, may have a common seal which it may alter at pleasure and has all other powers incident to, or necessary for, the purpose of properly carrying on its business.
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Legislative History
1953 Comp., § 48-15-77, enacted by Laws 1967, ch. 61, § 33.
Nearby Sections
15
§ 58-1-1
Short title§ 58-1-11
Access by fiduciaries§ 58-1-13
Lease to minor§ 58-1-14
Search procedure on death§ 58-1-17
Qualification and fiduciary powers§ 58-1-18
Fiduciary bond or oath excused§ 58-1-2
Definitions of banks§ 58-1-2.1
Prohibition§ 58-1-20
Reserves against deposits§ 58-1-21
LoansCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 58-10-33, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/58/58-10-33.