Any person who makes a false statement in writing for the purpose of obtaining credit union funds is guilty of a third degree felony. History: Laws 1987, ch. 311, § 65. Repeals. — Laws 1997, ch. 195, § 42 repealed Laws 1987, ch. 311, § 68, which had provided for the repeal of this section on July 1, 1997. Severability clauses. — Laws 1987, ch. 311, § 66 provides for the severability of the Credit Union Regulatory Act if any part or application thereof is held invalid. Convictions under this section and for fraud improper. — Conviction under this section and under Section 30-16-6 NMSA 1978 for fraud over $2,500 violated defendant's double jeopardy rights. State v. Montoya , 1993-NMCA-097, 116 N.M. 297, 861 P.2d 978, cert. denied, 116 N.M. 364, 862 P.2d 1223.
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