2017 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 11 - Credit Unions
Section 58-11-7 - Reports.

Universal Citation: NM Stat § 58-11-7 (2017)

58-11-7. Reports.

A. Credit unions shall report to the director quarterly on or before January 30, April 30, July 30 and October 30. Reports shall be on forms supplied by the director. The director may require additional reports.

B. A charge of twenty-five dollars ($25.00) shall be levied for each day a credit union fails to provide a required report, unless that charge is by the director excused for cause.

History: Laws 1987, ch. 311, 7; 1989, ch. 209, 9; 2003, ch. 28, 3.

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