The purpose of the Residential Home Loan Act is to make funds for residential home financing available to New Mexicans at national market rates and to secure certain rights and protections for borrowers.
§ 56-8-23 NMSA 1978
Purpose of act
Known as the Residential Home Loan Act
The act spans §§ 56–56 (26 sections).
Laws 1980, ch. 64, § 2.
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.