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New Mexico Statutes Chapter 58. Financial Institutions and Regulations § 58-19-10.1. Loan to refinance motor vehicle sale

Current as of January 01, 2024 | Updated by Findlaw Staff

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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Cite this article: FindLaw.com - New Mexico Statutes Chapter 58. Financial Institutions and Regulations § 58-19-10.1. Loan to refinance motor vehicle sale - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-58-financial-institutions-and-regulations/nm-st-sect-58-19-10-1/

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