New Mexico Statutes

§ 30-43-4 — Financing extortionate extensions of credit

New Mexico·Ch. 30 Criminal Offenses·Art. 43 Loan Sharking
A person who knowingly advances money or property, whether as a gift, loan or investment, to any person with reasonable grounds to believe that it is the intention of that person to use the money or property so advanced, directly or indirectly, for the purpose of making extortionate extensions of credit is guilty of a third degree felony.

Free access — add to your briefcase to read the full text and ask questions with AI

New Mexico § 30-43-4 (Financing extortionate extensions of credit) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Laws 1980, ch. 39, § 4.

Nearby Sections

15
View on official source ↗