New Mexico Statutes
Article 15 - Small Loan Business
Section 58-15-31 - Short title.

Chapter 58, Article 15 NMSA 1978 may be cited as the "New Mexico Small Loan Act of 1955".
History: 1953 Comp., § 48-17-58, enacted by Laws 1955, ch. 128, § 29; 1987, ch. 292, § 4.
Severability clauses. — Laws 1955, ch. 128, § 31, provides for the severability of the act if any part or application thereof is held invalid.

Structure New Mexico Statutes

New Mexico Statutes

Chapter 58 - Financial Institutions and Regulations

Article 15 - Small Loan Business

Section 58-15-1 - Objects and purposes of act.

Section 58-15-2 - Definitions.

Section 58-15-3 - Applicability of act; exemptions; evasions; penalty.

Section 58-15-4 - Application, investigation and fee; agent for service of process.

Section 58-15-5 - Licenses; investigation of application; issuance; denial; issuance of renewal license; denial of renewal license; fitness and character of applicant; license fees; licensee bound by act.

Section 58-15-6 - Contents and posting of license; limitation of authority granted by license; effective date of license; minimum assets.

Section 58-15-7 - Place of business; change; residence of borrower.

Section 58-15-8 - Revocation, suspension and reinstatement of licenses.

Section 58-15-9 - Examination of licensee's books and records; witnesses.

Section 58-15-10 - Books and records; annual reports; additional information.

Section 58-15-10.1 - Licensee reporting requirements; penalties.

Section 58-15-10.2 - Reporting of credit required.

Section 58-15-11 - Regulations and orders; certified copies.

Section 58-15-12 - Advertising.

Section 58-15-13 - Licensed offices; other business.

Section 58-15-14 - Repealed.

Section 58-15-14.1 - Charges; method of computation.

Section 58-15-15 - Repealed.

Section 58-15-15.1 - No prepayment penalty on small loans.

Section 58-15-16 - Loan insurance allowable; financing certain premiums prohibited.

Section 58-15-17 - Requirements for making and paying of loans; incomplete instruments; limitations on charges after judgment and interest.

Section 58-15-18 - Repealed.

Section 58-15-19 - Loans under other laws.

Section 58-15-20 - Fees and costs.

Section 58-15-20.1 - Installment loans; refund anticipation loans; insufficient funds; permitted charges.

Section 58-15-21 - What constitutes loan of money; wage purchases.

Section 58-15-22 - [Assignments; validity; amount collectible.]

Section 58-15-23 - Violation of general usury laws.

Section 58-15-24 - Loans made elsewhere.

Section 58-15-25 - Review.

Section 58-15-26 - Status of preexisting licensees.

Section 58-15-27 - Amendment.

Section 58-15-28 - Status of preexisting obligations.

Section 58-15-29 - Director to keep record of fees, expenses and disposition of money.

Section 58-15-30 - Penalties; general.

Section 58-15-31 - Short title.

Section 58-15-32 - Repealed.

Section 58-15-33 - Repealed.

Section 58-15-34 - Repealed.

Section 58-15-35 - Repealed.

Section 58-15-36 - Repealed.

Section 58-15-37 - Repealed.

Section 58-15-38 - Repealed.

Section 58-15-39 - Duties of division.

Section 58-15-40 - Financial literacy fund.

Section 58-15-41 - Preemption.

Section 58-15-42 - Right of rescission.