New Mexico Statutes

§ 58-10-91 — Outstanding items considered as savings accounts

New Mexico·Ch. 58 Financial Institutions and Regulations·Art. 10 Savings and Loan Associations
From the effective date of the Savings and Loan Act, any shares, stock, share accounts and investment certificates, except permanent capital stock and except shares or share accounts not entitled to dividends, which an association subject to the Savings and Loan Act has outstanding shall be considered as savings accounts.

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Legislative History

1953 Comp., § 48-15-132, enacted by Laws 1967, ch. 61, § 88.

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