There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 58: Financial Institutions and Regulations
Article 10: Savings and Loan Associations, 58-10-1 through 58-10-111
Section 58-10-42: Insured and guaranteed loans.
NM Stat § 58-10-42 (1996 through 1st Sess 50th Legis) What's This?
58-10-42. Insured and guaranteed loans.
Any association may make, without regard to any loan limitations or restrictions otherwise imposed by the Savings and Loan Act [58-10-1 NMSA 1978], any loan, secured or unsecured, which is insured or guaranteed in any manner and in any amount by the United States or any instrumentality thereof.
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