56-8-23: Purpose of act.
Where this section sits in the code
- Chapter 56 - Commercial Instruments and Transactions
- ARTICLE 8 Money, Interest and Usury
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.
Collected 2026-09-03T15:02:20Z. Source file · JSON