2019 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 15 - Small Loan Business
Section 58-15-27 - Amendment.

Universal Citation: NM Stat § 58-15-27 (2019)

This act, or any part thereof, may be modified, amended or repealed so as to effect a cancellation or alteration of any license or right of a license hereunder; provided, that such cancellation or alteration shall not impair or affect the obligation of any preexisting lawful contract between any licensee and any borrower.

History: 1953 Comp., § 48-17-54, enacted by Laws 1955, ch. 128, § 25.

ANNOTATIONS

Compiler's notes. — For meaning of "this act", see notes following 58-15-1 NMSA 1978.

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