A. The association is subject to and responsible to pay the cost of examination by the superintendent on a periodic basis, pursuant to N.M. Stat. Ann. Chapter 59A, Article 4.

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B. Not later than March 1 of each year, the board shall submit to the superintendent an annual statement in accordance with the requirements of Section 59A-5-29 N.M. Stat. Ann. and a risk-based capital report in accordance with the requirements of Section 59A-5A-3 N.M. Stat. Ann..