Capitalization and reserves

NMSA 1978, § 58-11-57.1 — under Article 11.

NMSA 1978, § 58-11-57.1

A. A credit union shall maintain a well-capitalized status as determined by the director. B. A credit union shall set aside and maintain such reserves as may be required by the insurer of its share accounts and deposit accounts. History: Laws 2003, ch. 28, § 14.