New Mexico Statutes
§ 58-11-25 — Liability of members
New Mexico § 58-11-25
This text of New Mexico § 58-11-25 (Liability of members) 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. § 58-11-25 (2026).
Text
The members of a credit union shall not be personally or individually liable for the payments of its debts solely by virtue of holding membership.
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Legislative History
Laws 1987, ch. 311, § 25.
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 § 58-11-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/58/58-11-25.