{"data":{"id":"us-nm/53-4-22","jurisdiction":"us-nm","citation":"53-4-22","heading":"Limitations on interest-dividends.","body":"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.","path":["Chapter 53 - Corporations","ARTICLE 4 Cooperative Associations"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18556/index.do","current_through":"2025-06-20","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"37d1a5e6b64e1e3dd5285f3c0a3faf923a91301927e178ea2ce5d396992760d1","source_id":"us-nm","stale":false,"prev":"us-nm/53-4-21.1","next":"us-nm/53-4-23"},"notice":"GroundRules: Original legal text. Not legal advice."}