N.M. Admin. Code § 2.60.21.2
Current through Register Vol. 35, No. 23, December 10, 2024
These regulations will apply to applications received by the state investment council from banks, savings and loan associations, and credit unions for all deposits, including reinvestment of existing deposits, deposits made in addition to existing deposits in an institution, and deposits made in institutions not previously having a deposit, of the severance tax permanent fund made after these regulations go into effect. The regulations in effect at the time existing deposits were made shall govern those certificates of deposit.
N.M. Admin. Code § 2.60.21.2