New Mexico § 58-11-26 Meetings of members

New Mexico Statutes

§ 58-11-26 — Meetings of members

New Mexico § 58-11-26

Ch. 58Financial Institutions and Regulations

Art. 11Credit Unions

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Bluebook

N.M. Stat. Ann. § 58-11-26 (2026).

Text

A.The annual meeting and any special meetings of the members shall be held in accordance with the bylaws.

B.At all meetings a member shall have but one vote, irrespective of his shareholdings. No member may vote by proxy, but a member may vote by absentee ballot, mail or other method if the bylaws of the credit union so provide.

C.An organization having membership in a credit union, may be represented and have its vote cast by one of its members or shareholders, provided that person has been so authorized by the organization's governing body.

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A. The annual meeting and any special meetings of the members shall be held in accordance with the bylaws. B. At all meetings a member shall have but one vote, irrespective of his shareholdings. No member may vote by proxy, but a member may vote by absentee ballot, mail or other method if the bylaws of the credit union so provide. C. An organization having membership in a credit union, may be represented and have its vote cast by one of its members or shareholders, provided that person has been so authorized by the organization's governing body.