2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 58: Service Contract Regulation, 59A-58-1 through 59A-58-18
Section 59A-58-14: Prohibition of requiring purchase of service contract as a condition of loan approval or purchase of property.


NM Stat § 59A-58-14 (1996 through 1st Sess 50th Legis) What's This?

59A-58-14. Prohibition of requiring purchase of service contract as a condition of loan approval or purchase of property.

No person may require the purchase of a service contract as a condition for the approval of a loan or the purchasing of property.

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