{"data":{"id":"us-nm/58-10-28","jurisdiction":"us-nm","citation":"58-10-28","heading":"Charging off or setting up reserves against bad assets.","body":"After a determination of value, the supervisor may order that assets in the aggregate, to the extent that the assets exceed appraised value, be charged off, or that a special reserve or reserves equal to the depreciation in value be set up by transfers from surplus, undivided profits or reserves.","path":["Chapter 58 - Financial Institutions and Regulations","ARTICLE 10 Savings and Loan Associations"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18561/index.do","current_through":"2025-01-07","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"e2e55f69a4fde4d2da6b97ee469910c10b09e6c71b091be622ba3e0b22b76732","source_id":"us-nm","stale":false,"prev":"us-nm/58-10-27","next":"us-nm/58-10-29"},"notice":"GroundRules: Original legal text. Not legal advice."}