{"data":{"id":"us-nm/58-11-43","jurisdiction":"us-nm","citation":"58-11-43","heading":"Joint accounts.","body":"A. A member may designate any person to own a share account or deposit account in joint tenancy with the right of survivorship, as a tenant in common or under any other form of joint ownership permitted by law, but no co-owner, unless also a member in his own right, shall be permitted to vote, obtain loans, hold office or be required to pay a membership fee.\nB. Payment of part or all of those accounts to any of the co-owners shall, to the extent of such payment, discharge the liability to all unless the account agreement contains a prohibition.","path":["Chapter 58 - Financial Institutions and Regulations","ARTICLE 11 Credit Unions"],"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":"fc7e5a470163ecebe3c3651587d95e26de1c2191b37eb4188a57739aff41e281","source_id":"us-nm","stale":false,"prev":"us-nm/58-11-42","next":"us-nm/58-11-44"},"notice":"GroundRules: Original legal text. Not legal advice."}