New Mexico § 58-12-2 Definitions

New Mexico Statutes

§ 58-12-2 — Definitions

New Mexico § 58-12-2

Ch. 58Financial Institutions and Regulations

Art. 12Credit Union Share Insurance Corporations

This text of New Mexico § 58-12-2 (Definitions) 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. § 58-12-2 (2026).

Text

As used in the Credit Union Share Insurance Corporation Act: A. "corporation" means the credit union share insurance corporation of this state; B. "board" means the board of directors of the corporation; C. "commissioner" means the director of the financial institutions division; D. "directors" means the directors of the corporation; E. "member" means a credit union which has become a member of the corporation; F. "delegate" means a person designated by a member's board of directors to represent the member in the organization and the operation of the corporation; G. "fund" means the share insurance fund; and H. "supervisory agency" means any state governmental agency statutorily responsible for the supervision and regulation of any member not chartered in the state of New Mexico.

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As used in the Credit Union Share Insurance Corporation Act: A. "corporation" means the credit union share insurance corporation of this state; B. "board" means the board of directors of the corporation; C. "commissioner" means the director of the financial institutions division; D. "directors" means the directors of the corporation; E. "member" means a credit union which has become a member of the corporation; F. "delegate" means a person designated by a member's board of directors to represent the member in the organization and the operation of the corporation; G. "fund" means the share insurance fund; and H. "supervisory agency" means any state governmental agency statutorily responsible for the supervision and regulation of any member not chartered in the state of New Mexico.