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2019 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 8 - National Housing Act Loans and Obligations
Section 58-8-2 - State laws; exemption.
Universal Citation: NM Stat § 58-8-2 (2019)
No law of this state prescribing or limiting the nature, amount or form of security or requiring security upon which loans or advances of credit may be made, or prescribing or limiting interest rates upon loans or advances of credit, or prescribing or limiting the period for which loans or advances of credit may be made shall be deemed to apply to loans, advances of credit or purchases made pursuant to Section 58-8-1 NMSA 1978.
History: Laws 1935, ch. 5, § 2; 1941 Comp., § 50-1202; 1953 Comp., § 48-12-2; Laws 1975, ch. 337, § 2.
ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 40 Am. Jur. 2d Housing Laws and Urban Redevelopment § 2.
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