New Mexico Statutes

§ 58-11-57.1 — Capitalization and reserves

New Mexico § 58-11-57.1
JurisdictionNew Mexico
Ch. 58Financial Institutions and Regulations
Art. 11Credit Unions

This text of New Mexico § 58-11-57.1 (Capitalization and reserves) 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. § 58-11-57.1 (2026).

Text

A.A credit union shall maintain a well-capitalized status as determined by the director.
B.A credit union shall set aside and maintain such reserves as may be required by the insurer of its share accounts and deposit accounts.

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Legislative History

Laws 2003, ch. 28, § 14.

Nearby Sections

15
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Bluebook (online)
New Mexico § 58-11-57.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/58/58-11-57.1.