New Mexico Statutes

§ 58-19-10.1 — Loan to refinance motor vehicle sale

New Mexico § 58-19-10.1
JurisdictionNew Mexico
Ch. 58Financial Institutions and Regulations
Art. 19Motor Vehicle Sales Finance

This text of New Mexico § 58-19-10.1 (Loan to refinance motor vehicle sale) 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. § 58-19-10.1 (2026).

Text

Any transaction in the form of a loan, other than a retail installment contract, is not subject to the provisions of the Motor Vehicle Sales Finance Act, even though all or a portion of the proceeds of such transaction in the form of a loan are applied to the unpaid balance of a retail installment contract.

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Legislative History

1978 Comp., § 58-19-10.1, enacted by Laws 1981, ch. 182, § 1.

Nearby Sections

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Bluebook (online)
New Mexico § 58-19-10.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/58/58-19-10.1.