2011 New Mexico Statutes
Chapter 58: Financial Institutions and Regulations
Article 11: Credit Unions, 58-11-1 through 58-11-65
Section 58-11-53: Money-type instruments.
58-11-53. Money-type instruments.
A credit union may collect, receive and disburse money in connection with the providing of negotiable checks, money orders, travelers checks and other money-type instruments for its members and other persons within the credit union's field of membership and in connection with the providing of services through service facilities, including automated terminal machines, and for such other purposes as may provide benefit or convenience to its members. A credit union may charge reasonable fees for those services.
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