N.M. Stat. § 53-4-22

Limitations on interest-dividends.

Last amended: 1983Year: 2026Length: 31 wordsOfficial source
Interest-dividends shall not exceed fifteen percent per year and shall be noncumulative. Total interest-dividends distributed for any single period shall not exceed fifty percent of the net savings for that period.
N.M. Stat. § 53-4-22: Limitations on interest-dividends. | Justis AI