{"data":{"id":"us-nm/53-8-29","jurisdiction":"us-nm","citation":"53-8-29","heading":"Loans to directors and officers.","body":"Any director or officer who assents to or participates in the making of any loan to a director or officer shall be personally liable to the corporation for the amount of the loan until the repayment thereof.","path":["Chapter 53 - Corporations","ARTICLE 8 Nonprofit Corporations"],"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":"24049d4ab226162822072f00105de08c45a310184b4a9e70c1c7125e0b52c4aa","source_id":"us-nm","stale":false,"prev":"us-nm/53-8-28","next":"us-nm/53-8-30"},"notice":"GroundRules: Original legal text. Not legal advice."}