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§ 56-1-15 NMSA 1978

Creditor compliance with federal regulations deemed compliance with this act

1953 Comp., § 50-16-15, enacted by Laws 1969, ch. 110, § 1.

Any creditor engaging in transactions subject to the provisions of this act, who complies with 15 United States Code, [§§] 1601 through 1665, and the regulations promulgated pursuant thereto, shall be deemed to have complied with applicable provisions of this act.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.