New Mexico Statutes

§ 48-7-23 — Governmental entity limitation of act

New Mexico § 48-7-23
JurisdictionNew Mexico
Ch. 48Liens and Mortgages
Art. 7Mortgages

This text of New Mexico § 48-7-23 (Governmental entity limitation of act) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 48-7-23 (2026).

Text

The provisions of Section 5 [48-7-19 NMSA 1978] of this act shall not apply to the transfer of a real property loan where the funds for the real property loans were provided through the issuance by a governmental entity or instrumentality of bonds the interest on which is exempt from federal income taxation and the transfer fails to conform to state and federal law governing the bonds.

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Legislative History

Laws 1983, ch. 314, § 9.

Nearby Sections

15
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Bluebook (online)
New Mexico § 48-7-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/48/48-7-23.