The provisions of the Municipal Mortgage Finance Act shall be liberally construed in order to effectively carry out the purposes of that act.
History: Laws 1979, ch. 381, § 12.
Severability clauses. — Laws 1979, ch. 381, § 13, provides for the severability of the act if any part or application thereof is held invalid.
Structure New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 18A - Municipal Mortgage Finance
Section 58-18A-1 - Short title.
Section 58-18A-2 - Finding and declaration of necessity.
Section 58-18A-3 - Definitions.
Section 58-18A-5 - Agreement establishing area of operation of issuer.
Section 58-18A-7 - Provisions of bonds and trust indentures.
Section 58-18A-8 - Residential mortgage revenue bonds; legal investments; security; negotiability.
Section 58-18A-9 - Power supplemental.
Section 58-18A-10 - Investment of funds.