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NEW MEXICO STATUTES AND CODES

Section 58-11-26 - Meetings of members.

58-11-26. Meetings of members.

A.     The annual meeting and any special meetings of the members shall be held in accordance with the bylaws.   

B.     At all meetings a member shall have but one vote, irrespective of his shareholdings. No member may vote by proxy, but a member may vote by absentee ballot, mail or other method if the bylaws of the credit union so provide.   

C.     An organization having membership in a credit union, may be represented and have its vote cast by one of its members or shareholders, provided that person has been so authorized by the organization's governing body.   

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