New Mexico Statutes

§ 58-21A-8 — Subterfuge prohibited

New Mexico § 58-21A-8
JurisdictionNew Mexico
Ch. 58Financial Institutions and Regulations
Art. 21AHome Loan Protection

This text of New Mexico § 58-21A-8 (Subterfuge prohibited) 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. § 58-21A-8 (2026).

Text

No person shall, with the intent to avoid the application or provisions of the Home Loan Protection Act: A. divide a loan transaction into separate parts; B. structure a home loan transaction as an open-end loan when the loan would have been a high-cost home loan if the loan had been structured as a closed-end loan; or C. perform any other subterfuge.

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Legislative History

Laws 2003, ch. 436, § 8.

Nearby Sections

15
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Bluebook (online)
New Mexico § 58-21A-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/58/58-21A-8.