The fiscal year of each credit union organized under or subject to the Credit Union Act shall end on the last day of December.

Terms Used In New Mexico Statutes 58-11-15

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.