State Codes and Statutes
Statutes > New-mexico > Chapter-56 > Article-8 > Section-56-8-1056-8-10. Farm, ranch and agriculture loans.
The provisions of Subsections C, D and E of Section 56-8-9 NMSA 1978 are not applicable to loans secured by a first mortgage on farm, ranch or agricultural real estate where the purpose of the loan is primarily for farming, ranching or agricultural purposes.