New Mexico Statutes

§ 58-15-28 — Status of preexisting obligations

New Mexico § 58-15-28
JurisdictionNew Mexico
Ch. 58Financial Institutions and Regulations
Art. 15Small Loan Business

This text of New Mexico § 58-15-28 (Status of preexisting obligations) 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. § 58-15-28 (2026).

Text

Nothing herein contained shall be so construed as to impair or affect the obligation of any contract of loan between any licensee, under Chapter 174, New Mexico Session Laws of 1947 (Article 17, Chapter 48, New Mexico Statutes Annotated 1953), and any borrower, which was lawfully entered into prior to the effective date of this act.

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Legislative History

1953 Comp., § 48-17-55, enacted by Laws 1955, ch. 128, § 26.

Nearby Sections

15
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Bluebook (online)
New Mexico § 58-15-28, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/58/58-15-28.