Evidence of account ownership.

  1. Law
  2. New Mexico Statutes
  3. Financial Institutions and Regulations
  4. Savings and Loan Associations
  5. Evidence of account ownership.

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As evidence of each savings account, the association shall issue to the holder of the account either an account book or a certificate.

History: 1953 Comp., § 48-15-98, enacted by Laws 1967, ch. 61, § 54.

ANNOTATIONS

Am. Jur. 2d, A.L.R. and C.J.S. references. — 10 Am. Jur. 2d Banks §§ 347 to 350.

Certificate of deposit as "security" under federal securities laws, 82 A.L.R. Fed. 553.

9 C.J.S. Banks and Banking § 740 et seq.


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