Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 10 - Savings and Loan Associations, 58-10-1 through 58-10-111. > Section 58-10-91 - Outstanding items considered as savings accounts.

Section 58-10-91 - Outstanding items considered as savings accounts.

58-10-91. Outstanding items considered as savings accounts.

From the effective date of the Savings and Loan Act [58-10-1 NMSA 1978], any shares, stock, share accounts and investment certificates, except permanent capital stock and except shares or share accounts not entitled to dividends, which an association subject to the Savings and Loan Act has outstanding shall be considered as savings accounts.