There is no limit on the number and value of savings accounts an association may accept unless limits are fixed by its board of directors or by Section 67 [58-10-68 NMSA 1978] of the Savings and Loan Act. Any association may refuse to accept deposits as it deems advisable. History: 1953 Comp., § 48-15-95, enacted by Laws 1967, ch. 61, § 51.
Limitation on savings accounts
NMSA 1978, § 58-10-51 — under Article 10.
NMSA 1978, § 58-10-51