2011 New Mexico Statutes
Chapter 58: Financial Institutions and Regulations
Article 10: Savings and Loan Associations, 58-10-1 through 58-10-111
Section 58-10-73: Regulations.


NM Stat § 58-10-73 (1996 through 1st Sess 50th Legis) What's This?

58-10-73. Regulations.

In the exercise of his power to promulgate regulations under the Savings and Loan Act [58-10-1 NMSA 1978], the supervisor shall act in the interest of promoting and maintaining a sound savings and loan association system, the security of the savings account holders and other customers, the preservation of the liquid position of associations and in the interest of preventing injurious credit expansions and contractions.

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