There is a newer version of the New Mexico Statutes
2013 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 11 - Credit Unions
Section 58-11-26 - Meetings of members. (1987)
NM Stat § 58-11-26 (2013) What's This?
58-11-26. Meetings of members. (1987)
A. The annual meeting and any special meetings of the members shall be held in accordance with the bylaws.
B. At all meetings a member shall have but one vote, irrespective of his shareholdings. No member may vote by proxy, but a member may vote by absentee ballot, mail or other method if the bylaws of the credit union so provide.
C. An organization having membership in a credit union, may be represented and have its vote cast by one of its members or shareholders, provided that person has been so authorized by the organization's governing body.
History: Laws 1987, ch. 311, § 26.
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