Definitions

As used in the Credit Union Share Insurance Corporation Act: A. "corporation" means the credit union share insurance corporation of this state; B. "board" means the board of directors of the corporation; C. "commissioner" means the director of the financial institutions division; D. "directors" means the directors of the corporation; E. "member" means a credit union which has become a member of the corporation; F. "delegate" means a person designated by a member's board of directors to represent the member in the organization and the operation of the corporation; G. "fund" means the share insurance fund; and H. "supervisory agency" means any state governmental agency statutorily responsible for the supervision and regulation of any member not chartered in the state of New Mexico. History: 1953 Comp., § 48-19A-2, enacted by Laws 1973, ch. 114, § 2; 1977, ch. 245, § 17; 1979, ch. 95, § 1.