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2013 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 11 - Credit Unions
Section 58-11-42 - Accounts of minors. (1987)


NM Stat § 58-11-42 (2013) What's This?

58-11-42. Accounts of minors. (1987) 
Payments on share accounts and deposit accounts may be received from a minor who may withdraw funds from those accounts, including the dividends and interest thereon. Payments on share accounts and deposit accounts by a minor and withdrawal by the minor shall be valid in all respects. For such purposes a minor is deemed of full age.   
  History: Laws 1987, ch. 311, § 42. 

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