1. A. A credit union may change its principal place of business within this state upon thirty days notice to the director.
2. B. A credit union may provide services through service facilities.
3. C. A credit union may individually or in conjunction with other credit unions or other financial organizations operate or maintain automated terminals or other service facilities.

History: Laws 1987, ch. 311, § 14; 1997, ch. 195, § 9.

ANNOTATIONS

Repeals and reenactments. — Laws 1987, Chapter 311 repealed 58-11-14 NMSA 1978, as amended by Laws 1975, ch. 344, § 14, relating to supervisory committee, effective June 19, 1987, and enacted a new section.

The 1997 amendment, effective July 1, 1997, substituted "Service" for "Office" in the section heading, rewrote Subsection B, and made stylistic changes throughout Subsection C.

Laws 1997, ch. 195, § 42 repealed Laws 1987, ch. 311, § 68, which had provided for the repeal of this section on July 1, 1997.