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2017 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 15 - Small Loan Business
- Section 58-15-1 - Objects and purposes of act.
- Section 58-15-2 - Definitions.
- Section 58-15-3 - Applicability of act; exemptions; evasions; penalty.
- Section 58-15-4 - Application, investigation and fee; agent for service of process.
- Section 58-15-5 - Licenses; investigation of application; issuance; denial; issuance of renewal license; denial of renewal license; fitness and character of applicant; license fees; licensee bound by act.
- Section 58-15-6 - Contents and posting of license; limitation of authority granted by license; effective date of license; minimum assets.
- Section 58-15-7 - Place of business; change; residence of borrower.
- Section 58-15-8 - Revocation, suspension and reinstatement of licenses.
- Section 58-15-9 - Examination of licensee's books and records; witnesses.
- Section 58-15-10 - Books and records; annual reports; additional information.
- Section 58-15-10.1 - Licensee reporting requirements; penalties.
- Section 58-15-10.2 - Reporting of credit required. (Effective January 1, 2018.)
- Section 58-15-11 - Regulations and orders; certified copies.
- Section 58-15-12 - Advertising.
- Section 58-15-13 - Licensed offices; other business.
- Section 58-15-14 - Repealed.
- Section 58-15-14.1 - Charges; method of computation.
- Section 58-15-15 - Repealed.
- Section 58-15-15.1 - No prepayment penalty on small loans.
- Section 58-15-16 - Loan insurance allowable; financing certain premiums prohibited.
- Section 58-15-17 - Requirements for making and paying of loans; incomplete instruments; limitations on charges after judgment and interest.
- Section 58-15-18 - Lenders' exchange. (Repealed effective January 1, 2018.)
- Section 58-15-19 - Loans under other laws.
- Section 58-15-20 - Fees and costs.
- Section 58-15-20.1 - Installment loans; refund anticipation loans; insufficient funds; permitted charges. (Effective January 1, 2018.)
- Section 58-15-21 - What constitutes loan of money; wage purchases.
- Section 58-15-22 - Assignments; validity; amount collectible.
- Section 58-15-23 - Violation of general usury laws.
- Section 58-15-24 - Loans made elsewhere.
- Section 58-15-25 - Review.
- Section 58-15-26 - Status of preexisting licensees.
- Section 58-15-27 - Amendment.
- Section 58-15-28 - Status of preexisting obligations.
- Section 58-15-29 - Director to keep record of fees, expenses and disposition of money.
- Section 58-15-30 - Penalties; general.
- Section 58-15-31 - Short title.
- Section 58-15-32 - Requirements for payday loans. (Repealed effective January 1, 2018.)
- Section 58-15-33 - Payday loan products; permitted charges. (Repealed effective January 1, 2018.)
- Section 58-15-34 - Payday loan products; prohibited acts. (Repealed effective January 1, 2018.)
- Section 58-15-35 - Payday loans; payment plans. (Repealed effective January 1, 2018.)
- Section 58-15-36 - Payday loans; waiting period. (Repealed effective January 1, 2018.)
- Section 58-15-37 - Payday loans; verification. (Repealed effective January 1, 2018.)
- Section 58-15-38 - Required disclosures when making payday loans; required signage. (Repealed effective January 1, 2018.)
- Section 58-15-39 - Duties of division.
- Section 58-15-40 - Financial literacy fund. (Effective January 1, 2018.)
- Section 58-15-41 - Preemption. (Effective January 1, 2018.)
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