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2021 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 10 - Savings and Loan Associations
- Section 58-10-1 - Short title.
- Section 58-10-2 - Definitions.
- Section 58-10-3 - Application for charter.
- Section 58-10-4 - Permanent capital stock.
- Section 58-10-5 - Stock requirements for proposed permanent capital stock associations.
- Section 58-10-6 - Paid-in surplus and operating fund requirements for proposed permanent capital stock associations.
- Section 58-10-7 - Savings account requirements for proposed permanent capital stock associations.
- Section 58-10-8 - Savings account requirements for proposed associations without permanent capital stock.
- Section 58-10-9 - Expense fund requirements for proposed associations without permanent capital stock.
- Section 58-10-10 - Capital debentures or notes.
- Section 58-10-11 - Hearings on charter application.
- Section 58-10-12 - Approval of application for charter.
- Section 58-10-13 - Refusal of charter application; appeal.
- Section 58-10-14 - Forfeiture of charter for failure to commence business.
- Section 58-10-15 - Amendment of charter and bylaws.
- Section 58-10-16 - Corporate name; exclusive use.
- Section 58-10-17 - Branch offices.
- Section 58-10-18 - Change of office.
- Section 58-10-19 - Board of directors.
- Section 58-10-20 - Organizational meeting.
- Section 58-10-21 - Qualification of directors.
- Section 58-10-22 - Officers.
- Section 58-10-23 - Indemnity bonds of directors, officers and employees.
- Section 58-10-24 - Meetings; voting.
- Section 58-10-25 - Access to records.
- Section 58-10-26 - Records.
- Section 58-10-27 - Misdescription of assets.
- Section 58-10-28 - Charging off or setting up reserves against bad assets.
- Section 58-10-29 - Membership records.
- Section 58-10-30 - Financial statement.
- Section 58-10-31 - Annual reports; other reports.
- Section 58-10-32 - Power to borrow.
- Section 58-10-33 - General corporate powers.
- Section 58-10-34 - Fiscal agent.
- Section 58-10-35 - Powers under federal law.
- Section 58-10-36 - Original real estate loans.
- Section 58-10-37 - Dealing in real estate loans.
- Section 58-10-38 - Participation with others in real estate loans.
- Section 58-10-39 - Requirements in lending transactions.
- Section 58-10-40 - Advances to protect security.
- Section 58-10-41 - Charges for real estate loans.
- Section 58-10-42 - Insured and guaranteed loans.
- Section 58-10-43 - Loans on security of savings accounts.
- Section 58-10-44 - Property improvement, educational and manufactured home financing loans.
- Section 58-10-45 - Investment in securities.
- Section 58-10-46 - Acquisition of real property.
- Section 58-10-47 - Investment in office buildings.
- Section 58-10-48 - Valuation of real property of an association.
- Section 58-10-49 - Appraisals of real estate owned.
- Section 58-10-50 - Powers and privileges of association.
- Section 58-10-51 - Limitation on savings accounts.
- Section 58-10-52 - Uninsured accounts; notice.
- Section 58-10-53 - Insurance of accounts; failure to obtain or maintain.
- Section 58-10-54 - Who may open a savings account.
- Section 58-10-55 - Savings contracts.
- Section 58-10-56 - Evidence of account ownership.
- Section 58-10-57 - Transfer of savings accounts.
- Section 58-10-58 - Lost or destroyed evidence of ownership.
- Section 58-10-59 - Savings accounts of minors.
- Section 58-10-60 - Power of attorney on savings accounts.
- Section 58-10-61 - Pledge of savings account in joint tenancy.
- Section 58-10-62 - Accounts of fiduciaries.
- Section 58-10-63 - Withdrawals from savings accounts.
- Section 58-10-64 - Redemption of savings accounts.
- Section 58-10-65 - Lien on savings accounts.
- Section 58-10-66 - Paying dividends on savings accounts.
- Section 58-10-67 - Computation of net income.
- Section 58-10-68 - Transfers to loss reserves.
- Section 58-10-69 - Dividends on permanent capital stock.
- Section 58-10-70 - Use of surplus accounts and expense fund contributions.
- Section 58-10-71 - Savings and loan supervisor.
- Section 58-10-72 - General powers of supervisor.
- Section 58-10-73 - Regulations.
- Section 58-10-74 - Confidential information.
- Section 58-10-75 - Supervisor; disposition of fees.
- Section 58-10-76 - Audits and examinations; fees.
- Section 58-10-77 - Other examinations.
- Section 58-10-78 - Federal examination.
- Section 58-10-79 - Additional examinations.
- Section 58-10-80 - Order to discontinue violations.
- Section 58-10-81 - Removal of directors, officers and employees.
- Section 58-10-82 - Order to refrain from voting shares.
- Section 58-10-83 - Emergency power of supervisor.
- Section 58-10-84 - When order is final; appeal.
- Section 58-10-85 - Receivership.
- Section 58-10-86 - Communications from supervisor.
- Section 58-10-87 - Reorganization; merger; consolidation.
- Section 58-10-88 - Voluntary liquidation.
- Section 58-10-89 - Exemption from securities laws.
- Section 58-10-90 - All businesses to conform.
- Section 58-10-91 - Outstanding items considered as savings accounts.
- Section 58-10-92 - Judicial review.
- Section 58-10-93 - Slander; felony.
- Section 58-10-94 - Violation of act; civil penalty.
- Section 58-10-95 - Violations; criminal penalties.
- Section 58-10-96 - Suppressing evidence; felony.
- Section 58-10-97 - Disclosure of confidential information; felony; civil liability.
- Section 58-10-98 - Conversion into federal association.
- Section 58-10-99 - Conversion into state chartered association.
- Section 58-10-100 - Conversion of association without permanent stock into permanent capital stock association.
- Section 58-10-101 - Foreign associations.
- Section 58-10-102 - Federal associations; applicability.
- Section 58-10-103 - Payment from savings account of decedent.
- Section 58-10-104 - Authority to engage in leasing safe deposit facilities; subsidiary company.
- Section 58-10-105 - Access by fiduciaries.
- Section 58-10-106 - Effect of lessee's death or incapacity.
- Section 58-10-107 - Lease to minor.
- Section 58-10-108 - Search procedure on death.
- Section 58-10-109 - Adverse claims to contents of safe deposit box.
- Section 58-10-110 - Special remedies for nonpayment of rent.
- Section 58-10-111 - Limitation of liability on construction loans.
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