There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 58: Financial Institutions and Regulations
Article 10: Savings and Loan Associations, 58-10-1 through 58-10-111
Section 58-10-91: Outstanding items considered as savings accounts.
NM Stat § 58-10-91 (1996 through 1st Sess 50th Legis) What's This?
58-10-91. Outstanding items considered as savings accounts.
From the effective date of the Savings and Loan Act [58-10-1 NMSA 1978], any shares, stock, share accounts and investment certificates, except permanent capital stock and except shares or share accounts not entitled to dividends, which an association subject to the Savings and Loan Act has outstanding shall be considered as savings accounts.
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