This rule was filed as 12 NMAC 17.10.

TITLE 12 TRADE, COMMERCE AND BANKING

CHAPTER 17 CREDIT UNIONS

PART 10 REPORTS AND FORMS

12.17.10.1 Issuing agency: Financial Institutions Division of the Regulation and Licensing Department. Post Office Box 25101, Santa Fe, New Mexico 87504.

[10-31-97; Recompiled 10/15/01]

12.17.10.2 Scope: All credit unions chartered by the state of New Mexico.

[10-31-97; Recompiled 10/15/01]

12.17.10.3 Statutory authority: Section 58-11-3(C) NMSA 1978.

[10-31-97; Recompiled 10/15/01]

12.17.10.4 Duration: Permanent beginning on the effective date.

[10-31-97; Recompiled 10/15/01]

12.17.10.5 Effective date: October 31, 1997, unless a later date is cited at the end of a section or paragraph.

[10-31-97; Recompiled 10/15/01]

[Compiler’s note: The words or paragraph, above, are no longer applicable. Later dates are now cited only at the end of sections, in the history notes appearing in brackets.]

12.17.10.6 Objective: The objective of this part is to establish a definition of semi-annual reports and forms pursuant to Section 58-11-7(A) NMSA 1978.

[10-31-97; Recompiled 10/15/01]

12.17.10.7 Definitions: [Reserved]

12.17.10.8 Issuing authority: The issuing agency is responsible for ensuring that the requirements set forth in this part have been complied with.

[10-31-97; Recompiled 10/15/01]

12.17.10.9 Requirements for NCUA insurance: State chartered credit unions who are insured pursuant to Title II of the Federal Credit Union Act [29 U.S.C. Section 1781 et seq.], shall file semi-annual and/or [sic] quarterly financial and statistical reports on NCUA 5300 forms pursuant to NCUA Rules and Regulations Part 741.6 [12 C.F.R. Section 7416].

[10-31-97; Recompiled 10/15/01]

History OF 12.17.10 NMAC: [RESERVED]