State Codes and Statutes
Statutes > New-mexico > Chapter-58 > Article-7 > Section-58-7-358-7-3. Loans covered by act.
The New Mexico Bank Installment Loan Act of 1959 [58-7-1 NMSA 1978] applies to a loan that is a precomputed loan repayable in installments or that is clearly identified on the loan documents as being made under that act.