New Mexico Statutes

§ 56-8-10 — Farm, ranch and agriculture loans

New Mexico § 56-8-10
JurisdictionNew Mexico
Ch. 56Commercial Instruments and Transactions
Art. 8Money, Interest and Usury

This text of New Mexico § 56-8-10 (Farm, ranch and agriculture loans) 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. § 56-8-10 (2026).

Text

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.

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Legislative History

1953 Comp., § 50-6-15.1, enacted by Laws 1977, ch. 293, § 5.

Nearby Sections

15
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Bluebook (online)
New Mexico § 56-8-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/56/56-8-10.