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New Mexico Statutes Chapter 6. Public Finances § 6-10-44.1. Deposits in credit unions

Current as of January 01, 2024 | Updated by FindLaw Staff

Notwithstanding the provisions of Sections 6-10-36 or 6-10-44 NMSA 1978 requiring equitable or ratable deposits in banks and savings and loan associations, a treasurer or board of finance, in its discretion may deposit its public money in one or more credit unions as long as each deposit is insured by an agency of the United States.

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Cite this article: FindLaw.com - New Mexico Statutes Chapter 6. Public Finances § 6-10-44.1. Deposits in credit unions - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-6-public-finances/nm-st-sect-6-10-44-1/

Read this complete New Mexico Statutes Chapter 6. Public Finances § 6-10-44.1. Deposits in credit unions on Westlaw. Westlaw subscription required.

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