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NEW MEXICO STATUTES AND CODES

Section 58-10-73 - Regulations.

58-10-73. Regulations.

In the exercise of his power to promulgate regulations under the Savings and Loan Act [58-10-1 NMSA 1978], the supervisor shall act in the interest of promoting and maintaining a sound savings and loan association system, the security of the savings account holders and other customers, the preservation of the liquid position of associations and in the interest of preventing injurious credit expansions and contractions.   

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