New Mexico Statutes

§ 58-10-43 — Loans on security of savings accounts

New Mexico § 58-10-43
JurisdictionNew Mexico
Ch. 58Financial Institutions and Regulations
Art. 10Savings and Loan Associations

This text of New Mexico § 58-10-43 (Loans on security of savings accounts) 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. § 58-10-43 (2026).

Text

Any association may make loans on the sole security value of the accounts owned or otherwise pledged for or by the borrower. No such loan shall be made when an association has applications for withdrawal filed which have not been reached for payment.

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Legislative History

1953 Comp., § 48-15-87, enacted by Laws 1967, ch. 61, § 43.

Nearby Sections

15
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Bluebook (online)
New Mexico § 58-10-43, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/58/58-10-43.