New Mexico Statutes
Chapter 56 - Commercial Instruments and Transactions
Article 8 - Money, Interest and Usury

Section 56-8-1 - [Lawful money; definition; application.] - The money of account of this state shall be the...

Section 56-8-2 - [Denominations to be reduced to lawful basis in actions.] - The above section [56-8-1 NMSA 1978] shall not in any...

Section 56-8-3 - Interest rate; no written contract. - The rate of interest, in the absence of a written...

Section 56-8-4 - Judgments and decrees; basis of computing interest. - A. Interest shall be allowed on judgments and decrees for...

Section 56-8-5 - Interest; open accounts. - In current or open accounts there shall not be collected...

Section 56-8-6 - Grain purchase contracts; disclosure regarding act of God clause. - If a written contract for the purchase of grain does...

Section 56-8-7 - Procuring loans; rate of commission; exceptions. - For negotiating or securing any loan, no person, association of...

Section 56-8-8 - [Excessive commission for procuring loan; penalty.] - That any person, association of persons or corporation violating the...

Section 56-8-9 - Excessive charges prohibited; applicability of maximum rates; definition. - A. Unless otherwise provided by law, no person, corporation or...

Section 56-8-10 - Farm, ranch and agriculture loans. - The provisions of Subsections C, D and E of Section...

Section 56-8-11 - Repealed. - Repeals. — Laws 1981, ch. 263, § 4, repealed 56-8-11...

Section 56-8-11.1 - Repealed. - History: Laws 1981, ch. 263, § 1; repealed by Laws...

Section 56-8-11.2 - Repealed. - History: Laws 1981, ch. 263, § 2; 1990, ch. 69,...

Section 56-8-11.3 - Repealed. - History: Laws 1981, ch. 263, § 3; repealed by Laws...

Section 56-8-11.4 - Repealed. - Repeals. — Laws 1983, ch. 44, § 1, repealed 56-8-11.4...

Section 56-8-12 - Loans by agent; liability of principal. - The acts and dealings of an agent in loaning money...

Section 56-8-13 - Penalties and forfeitures. - The taking, receiving, reserving or charging of a rate of...

Section 56-8-14 - Criminal penalty. - Any person, corporation or association who shall violate the provisions...

Section 56-8-15 to 56-8-20 - Repealed. - Repeals. — Laws 1985, ch. 228, § 17 repealed 56-8-15...

Section 56-8-21 - Usury; corporations and limited partnerships. - A. No corporation shall plead, enforce a remedy, counterclaim, set...

Section 56-8-22 - Short title. - Sections 1 through 9 [56-8-22 to 56-8-30 NMSA 1978] of...

Section 56-8-23 - Purpose of act. - The purpose of the Residential Home Loan Act is to...

Section 56-8-24 - Definitions. - As used in the Residential Home Loan Act: A. "residence"...

Section 56-8-25 to 56-8-28 - Repealed. - Repeals. — Laws 1981, ch. 263, § 4, repealed 56-8-25...

Section 56-8-29 - Civil penalty for violation of act. - Any person that knowingly receives or charges a rate of...

Section 56-8-30 - No prepayment penalty on home loans. - No provision in a home loan or a loan for...