Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 11 - Credit Unions, 58-11-1 through 58-11-65. > Section 58-11-25 - Liability of members.

Section 58-11-25 - Liability of members.

58-11-25. Liability of members.

The members of a credit union shall not be personally or individually liable for the payments of its debts solely by virtue of holding membership.