A credit union may exercise all incidental powers that are convenient, suitable or necessary to enable it to carry out its purposes as provided in its bylaws.
§ 58-11-19 NMSA 1978
Incidental powers
Known as the Credit Union Act
The act spans §§ 58–58 (67 sections).
Laws 1987, ch. 311, § 19; 1997, ch. 195, § 14.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.