Any credit union organized under or subject to the Credit Union Act may accept as a member any other credit union organized under or subject to that act or any other act.
History: Laws 1987, ch. 311, § 23; 1997, ch. 195, § 17.
Repeals and reenactments. — Laws 1987, Chapter 311 repealeds 58-11-23 NMSA 1978, as amended by Laws 1975, ch. 344, § 21, relating to withdrawal, effective June 19, 1987, and enacted a new section.
Laws 1997, ch. 195, § 42 repealed Laws 1987, ch. 311, § 68, which had provided for the repeal of this section on July 1, 1997.
The 1997 amendment, effective July 1, 1997, substituted "Credit Union Act" for "Credit Union Regulatory Act".
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